Fintech Firm OppFi Acquires Arizona-Based Bank in $130M Deal
OppFi, a fintech lender, is acquiring BNC National Bank for $130 million through a stock-and-cash deal. The acquisition will allow the company to offer traditional banking services like checking and savings accounts on a national scale by combining its digital platform with BNC's bank charter.
Tickers: $OPFI
Topics: acquisition banking fintech unbanked population