Investors | Oplo

Investors

The Oplo story so far

Oplo has quickly become one of the UK’s leading providers of personal loans, second-charge mortgages and car finance. Throughout our 12-year history we’ve seen first-hand how being a truly responsible and fair lender can power people’s potential and create positive change.

Our customers’ lives are constantly changing, and their credit needs along with them. We’re here to be the lender they need. Oplo makes it easier for people to access fair, expert lending, using technological innovation backed by friendly and informed customer care.

Oplo Stats & Facts

Established and headquartered in Blackpool, with offices in Manchester and Durham

 

Oplo Stats and Facts

The new mainstream

When it comes to lending, banks and traditional lenders are leaving normal hard-working people in the UK behind. If you don’t have an excellent credit score, in many cases you need not bother applying. The conventional view of identifying ‘high-quality’ customers is narrow and restrictive.

At the same time younger customers are choosing to use easier, more convenient digital lenders and we’re seeing sizeable numbers of customers move up the credit ladder from sub-prime into the traditional near-prime market.

These big trends are creating the “new mainstream” for consumer lending in the market – as many as 26 million customers – who don’t meet traditional lenders’ tight credit criteria, but have credit files that put them as near prime and prime lending categories.

There is a huge opportunity to be the kind of lender who will stand by these customers and provide the services they need to power their potential. That is why Oplo exists.

Oplo determines ‘high quality’ by focussing on people’s potential, not their past. We appreciate the dynamic nature of customers’ lives, and we aim to anticipate their changing credit needs.

While other banks fight over the ever-shrinking market of elite “prime” customers, Oplo is here to serve the “new mainstream”.

The New Mainstream Report (PDF)

The New Mainstream

Oplo Connect

At the heart of the business is Oplo’s unique consumer lending platform, Oplo Connect. Developed in-house by our own expert technicians.

Oplo Connect is fully scalable. Its robust modular structure means that new funding, products and servicing capabilities can be integrated with ease – allowing Oplo to grow at pace long into the future.

Key Features

  • Fully scalable and flexible platform fit for rapid growth
  • User-friendly Customer Account Management Area for easy digital access
  • Auto-decisioning delivering risk-assessed decisions in seconds
  • Deep data and rich MI for constant decisioning improvement
  • Full underwriting with Oplo’s proprietary product specific scores
  • Bespoke broker intuitive interface
  • Secure, cloud-based collection platform

Senior Management

The Oplo Senior Management Team share over 100 years’ experience in consumer lending – their real-life lending, credit risk, and technology expertise is crucial in powering the potential of our customers, team, and partners.

Alex Mollart Chief Executive Officer
Mark Robins Chief Financial Officer
Steve Beard Managing Director Mortgage Division
Richard Sharp Managing Director Consumer Division
Mark Akerman Chief Technology Officer
Ajay Mitha Director of Group Servicing
Steve McNicholas Chief People Officer
Steve Peacock Chief Risk Officer

Company results & reports

“2020/21 was a year that demanded resilience of our people, adaptability of our technology and loyalty from our customers. I couldn’t be prouder of how our employees reacted, our technology flexed and our customers engaged, enabling the business to deliver remarkable financial results and most importantly great outcomes for all the customers that needed our help when it truly mattered.”
– Alex Mollart, Chief Executive Officer

Download the Annual Report (PDF)

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About Oplo
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If you have had your loan for at least 6 months, please email customerservices@myoplo.co.uk with your details and we will be in touch.
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Personal Loans
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No problem, we've got a page explaining all our loan products here.

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Click here to find out more about us.

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Click here read about what our customers say about us.

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Please call 01253 603960 to speak to our Customer Assistance Team.

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Please call 01253 603962 to speak to our Customer Assistance Team.

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Please call 0191 492 1919 to speak to our Customer Assistance Team.

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Just email pl@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

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Just email homeloans@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

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Just email hp@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

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The quotation you receive is based on your personal situation and is dependent on many factors such as your credit history, credit rating and financial status.

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When you take out an Oplo loan, an administration fee is added to the loan amount. The fee is part of your monthly repayments.

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Except for our Car Finance loans, which are for a specific vehicle, you can use your funds as you wish.

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You need to be 21 years old or over, be a homeowner, be a UK resident, be in permanent paid employment and NOT be bankrupt, under a current IVA or on a debt management arrangement.

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