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American Banker·48 event signal

Nonbank lender OppFi abandons plan to buy a bank

financeOPFI

OppFi, a non-bank consumer lender based in Chicago, says it has scrapped its effort to buy North Dakota's BNC National Bank — at least for now. The exact reasons were not immediately clear, but OppFi pointed to a lack of clarity from regulators.

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Source: FreeNewsAPIRead at American Banker

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