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NEWS RELEASE OppFi " * OppFi Reports Second Quarter 2021 Financial Results 8/10/2021 Net Originations for the second quarter of 2021 up 84 % year over year , 44 % sequentially and 20 % vs. the second quarter of 2019 Ending Receivables for the second quarter of 2021 up 19 % year over year and 29 % vs. the second quarter of 2019 Revenue up 28 % and Adjusted Revenue up 6 % for the second quarter of 2021 vs. the second quarter of 2020 Net Income of $ 18.0 million for the second quarter of 2021 , $ 42.4 million for the first six months of 2021 Adjusted Net Income of $ 17.9 million for the second quarter of 2021 , $ 37.2 million for the first six months of 2021 CHICAGO -- ( BUSINESS WIRE ) -- OppFi Inc. ( NYSE : OPFI ) ( " OppFi " and " the Company " ) , a leading financial technology platform that powers banks to help the everyday consumer gain access to credit , today reported financial results for Opportunity Financial , LLC for the second quarter ended June 30 , 2021 , achieved prior to the completion of the business combination with FG New America Acquisition Corp. on July 20 , 2021 . " We are pleased with our results for the second quarter . Originations rebounded significantly in the second quarter as the economy started to recover from the COVID - 19 pandemic , resulting in originations growth of 84 % and receivables growth of 19 % year over year . In addition , our profitability remained strong during the quarter driven by continued strength in the credit quality of our portfolio and our operating efficiency , including our auto approval rate increasing from 41 % in the first quarter to 51 % in the second quarter . While we expect receivable growth of near 50 % from the second quarter's ending balance through year end 2021 , that growth is still below what we would consider normalized levels . We believe the return of normalized demand is a matter of ' when ' not ' if ' , but the 1