OppFi SPAC Presentation Deck slide image

OppFi SPAC Presentation Deck

Salary Tap Extends Prime Pricing to Non-Prime Consumers We believe facilitating credit access through payroll deduction will significantly improve credit performance, preserving strong unit economics while reducing the cost of borrowing for customers Increased Addressable Market Larger, Lower Priced Loans Multiple Go-to-Market Channels • Payroll link allows for broader underwriting of customer and sub-36% APR expands geographic footprint resulting in addressable market of $32B¹ New payroll verification technologies make it possible to distribute SalaryTap via direct to consumer, strategic partnerships, and through employers 27 1 Apply online in minutes Reduced risk premium results in material savings for consumers . Lower monthly payments support larger loan sizes to meet customer needs Confirm your employer and fill out our simple application. 2 Set up automatic payments Set up automatic payments from your paycheck and sign your contract. 3 Receive your funds Review and sign your contract and receive funds as soon as the next business day!* 1. DailyPay, US Bureau of Labor Statistics and US Census Bureau-Based on adult population of US (-255mm) multiplied by employment rate as of February 2021 ( -58% ) multiplied by the percentage of employed Americans relying on employer-offered financial assistance programs (-36%); assumes -30% of this target population (-53mm) qualified to receive $2,000 in payroll deduction lending OppFi"
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