OppFi SPAC Presentation Deck
35
Upstart, Katapult and Affirm: Business Comparison
OppFi"*
Consumer Finance
Originator
Proprietary Al for Credit
Decisioning
Highly Automated
Decisioning
Utilizes Bank Partnership
Model
Diverse Marketing
Strategy
Multiple Years of GAAP
Profitability
Core Delivery Model
Core Customer
Demographic
Net Promoter Score
Capital Markets Execution
|
✓
Source: Company Filings, Wall Street Research
1. NPS of bank partners' lending programs
2. Company retains -3-4% of its originated receivables on balance sheet
✓
Bank Sponsored
Origination
Non-prime
85
Hybrid
I
Upstart Katapult
✓
✓
✓
Bank Sponsored
Origination
Near Prime
791
Third Party Institutional
Sales²
E-Commerce Lease to Own
Non-prime
47
Warehouse
affirm
✓
✓
E-Commerce Lease to Own
Prime
78
Hybrid
OppFi"View entire presentation