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OppFi Withdraws Applications for $130 Million BNC Bank Acquisition
OppFi withdrew regulatory applications for its $130 million BNC Bank acquisition. The merger agreement remains in place, leaving the next steps unresolved.
2 min read
BNC Shareholders Say Yes to OppFi. Now Comes the Part That Killed Enova's Deal.
BNCCORP stockholders approved the $130M sale to OppFi days after Enova killed its own bank deal. Regulatory approval is now the test for fintech bank charters.
3 min read
State AGs Challenge Fintech Bank Acquisitions by OppFi and Enova
Twenty state AGs urged the OCC, FDIC, and Fed to block OppFi's and Enova's bank acquisitions. What the fight over fintech bank acquisitions means for SMB lending.
2 min read
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