OppFi withdraws regulatory applications to buy BNC National Bank
The subprime lender cited a lack of clearly articulated regulatory standards, though it says the purchase agreement remains in effect.
Read at Bankingdive โFull coverage ยท 15 outlets
- Bankingdive ยท lead
- Crain's Chicago BusinessOppFi abandons bank ambitions, following rival Enova
- Bloomberg Law NewsOppFi Withdraws Bank Deal Applications After Warren Pushback (1)
- Banking DiveOppFi withdraws regulatory applications to buy bank
- FinTech FuturesOppFi withdraws bank regulatory applications for proposed BNC acquisition
- Yahoo FinanceOppFi Withdraws Federal Regulatory Applications for BNC Acquisition; Reaffirms 2026 Guidance
- PYMNTS.comOppFi Abandons BNC Bank Purchase
- TradingViewOppFi Withdraws Regulatory Applications for BNC Deal, Reaffirms 2026 Guidance
- Investing.comOppFi withdraws bank acquisition regulatory applications
- Finextra ResearchOppFi abandons purchase of BNC Bank
- GuruFocusOppFi (OPFI) Withdraws Bank Acquisition Applications Amid Operat
- Americans for Financial ReformPress Release: OppFi Becomes Second Predatory Lender to Abandon National Bank Bid
- Law360OppFi Pulls $130M BNC Bank Bid, Citing Review Uncertainty
- StreetInsiderOppFi withdraws bank regulatory applications tied to BNC deal
- PR NewswireOppFi Provides Update on Pending BNC Acquisition