<SEC-DOCUMENT>0001104659-21-031425.txt : 20210303
<SEC-HEADER>0001104659-21-031425.hdr.sgml : 20210303
<ACCEPTANCE-DATETIME>20210303160543
ACCESSION NUMBER:		0001104659-21-031425
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210303
DATE AS OF CHANGE:		20210303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FG New America Acquisition Corp.
		CENTRAL INDEX KEY:			0001818502
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				851648122
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39550
		FILM NUMBER:		21708915

	BUSINESS ADDRESS:	
		STREET 1:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143
		BUSINESS PHONE:		(847) 791-6817

	MAIL ADDRESS:	
		STREET 1:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>tm218632d1_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt; font-size: 14pt"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Rule 14a-101) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN PROXY STATEMENT
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 14A INFORMATION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Proxy Statement Pursuant to Section 14(a)
of the </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities Exchange Act of 1934 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Filed by the Registrant x Filed by a Party other than the Registrant
&uml;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="padding-top: 1pt; vertical-align: top; width: 5%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 1pt; vertical-align: bottom; width: 95%; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Preliminary Proxy Statement</FONT></TD></TR>
<TR>
    <TD STYLE="padding-top: 1pt; vertical-align: top; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 1pt; vertical-align: bottom; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt"><B>Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-top: 1pt; vertical-align: top; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 1pt; vertical-align: bottom; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Definitive Proxy Statement</FONT></TD></TR>
<TR>
    <TD STYLE="padding-top: 1pt; vertical-align: top; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 1pt; vertical-align: bottom; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Definitive Additional Materials</FONT></TD></TR>
<TR>
    <TD STYLE="padding-top: 1pt; vertical-align: top; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD>
    <TD STYLE="padding-top: 1pt; vertical-align: bottom; font-size: 10pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Soliciting Material Pursuant to &sect; 240.14a-12</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>FG NEW
AMERICA ACQUISITION CORP.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name of Registrant as Specified In Its
Charter) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name of Person(s) Filing Proxy Statement,
if Other Than the Registrant)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Payment of Filing Fee (Check the appropriate box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD>
<TD COLSPAN="2" STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">No fee required.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="2" STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; width: 5%; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; width: 5%; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; width: 90%; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Title of each class of securities to which transaction applies:</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Aggregate number of securities to which transaction applies:</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Proposed maximum aggregate value of transaction:</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Total fee paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="2" STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Fee paid previously with preliminary materials.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="2" STYLE="padding-top: 1.5pt; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Amount previously paid:</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; font-size: 10pt; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Form, Schedule or Registration Statement No.:</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; padding-bottom: 1.5pt">(3) </TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; padding-bottom: 1.5pt">Filing Party: </TD></TR>
<TR>
<TD STYLE="padding-top: 1.5pt; vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; padding-bottom: 1.5pt">(4)</TD>
<TD STYLE="padding-top: 1.5pt; vertical-align: top; padding-bottom: 1.5pt">Date Filed:</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>In connection with the previously announced business combination
between Opportunity Financial, LLC (&#8220;OppFi&#8221;) and FG New America Acquisition Corp. (&#8220;FGNA&#8221;), OppFi released
a press release announcing that Elizabeth Simer has joined OppFi as general manager for its new credit card business, OppFi Card,
and that OppFi has appointed Matthew Gomes as general manager for SalaryTap, OppFi&#8217;s near prime installment lending product
that is repaid through payroll deduction. Below are copies of the OppFi press release and various LinkedIn posts relating to the
OppFi press release, which are being filed herewith as soliciting material.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #FEFEFE; color: #0A0A0A"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>OppFi Announces Leadership Appointments
to Spearhead Newly Launched OppFi Card and SalaryTap Business Lines</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Fintech taps Discover lead<FONT STYLE="font-size: 10pt">er
to lead credit card division to bring revolving credit to everyday consumers</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: #FEFEFE">CHICAGO,
March </FONT><FONT STYLE="font-size: 10pt">3<FONT STYLE="background-color: #FEFEFE">, 2021&#8212;Opportunity Financial, LLC (&#8220;<U>OppFi</U>&#8221;
or the &#8220;company&#8221;)</FONT>, a leading financial technology platform that powers banks to help everyday consumers gain
access to credit, announced today that Elizabeth Simer has joined the company as general manager for its new credit card business,
OppFi Card. The company has also appointed Matthew Gomes as general manager for SalaryTap, OppFi&#8217;s near prime installment
lending product that is repaid through payroll deduction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Simer brings more than a decade
of financial services experience, having led product management, marketing and strategic efforts for several blue-chip financial
services companies including Intuit, Square, and most recently Discover, where she led product for Discover Student Loans. Simer
launched her career in accounting and finance at Ernst &amp; Young and private equity firm CIVC Partners.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Gomes joined OppFi in 2016 and
is responsible for the build and launch of OppFi&#8217;s SalaryTap business that is currently in the pilot phase. Prior, he built
and led OppFi&#8217;s business and marketing analytics division responsible for driving the high growth customer acquisition funnel
of OppFi&#8217;s small dollar lending business. Prior to OppFi, Gomes held key roles at financial services company, Avant, and
family care marketplace, Care.com.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&#8220;Elizabeth and Matthew
bring valuable leadership and expertise to the OppFi mission as we build and expand new products that will further graduate consumers
to better financial health,&#8221; said Jared Kaplan, CEO, OppFi. &#8220;They are instrumental in developing, launching, and running
these important business lines as we aim to improve credit access for millions of everyday consumers through new financial offerings.&#8221;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">SalaryTap, piloted in November
2020, has a national rollout planned for the second quarter of this year. OppFi Card is set to pilot in the second half of 2021.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">###</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>About OppFi</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">OppFi is a leading financial
technology platform that powers banks to offer accessible products and a top-rated experience to everyday consumers. Through its
unwavering commitment to customer service, OppFi helps consumers who are turned away by traditional providers build a better financial
path. To date, OppFi has facilitated the issuance of more than 1.5 million loans. The company has been ranked as an Inc. 5000
company for five straight years and was named the eighth fastest-growing Chicagoland company in 2020 by Crain&#8217;s Chicago
Business. The company maintains an A+ rating from the Better Business Bureau (BBB) and maintains a 4.9/5 star rating with more
than 14,000 online customer reviews, making it one of the top customer-rated financial platforms online. For more information,
please visit <U>oppfi.com</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Important Information and
Where to Find It</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">In connection with a proposed
business combination with OppFi, FG New America Acquisition Corp. (&#8220;FGNA&#8221;) (NYSE: FGNA) intends to file a preliminary
proxy statement and a definitive proxy statement with the U. S. Securities and Exchange Commission (the &#8220;SEC&#8221;). The
stockholders of FGNA and other interested persons are advised to read, when available, the preliminary proxy statement and the
amendments thereto and the definitive proxy statement and documents incorporated by reference therein filed in connection with
the proposed business combination, as these materials will contain important information about OppFi, FGNA and the proposed business
combination. When available, the definitive proxy statement and other relevant materials for the proposed business combination
will be mailed to stockholders of FGNA as of a record date to be established for voting on the proposed business combination.
Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement and other documents
filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SEC&#8217;s web site
at www.sec.gov, or by directing a request to: FG New America Acquisition Corp., Attention: Hassan Baqar, Chief Financial Officer,
105 S. Maple Street, Itasca, Illinois 60143.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Participants in the Solicitation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">FGNA and its directors and executive
officers may be deemed participants in the solicitation of proxies from FGNA&#8217;s stockholders with respect to the business
combination. A list of the names of those directors and executive officers and a description of their interests in FGNA will be
filed in the proxy statement for the proposed business combination and be available at&nbsp;<U>www.sec.gov</U>. Additional information
regarding the interests of such participants will be contained in the proxy statement for the proposed business combination when
available.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">OppFi and its directors and executive
officers may also be deemed to be participants in the solicitation of proxies from the stockholders of FGNA in connection with
the business combination. A list of the names of such directors and executive officers and information regarding their interests
in the proposed business combination will be included in the proxy statement for the proposed business combination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Non-Solicitation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">This press release shall not
constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business
combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities,
nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be
made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Contact:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #FEFEFE"><FONT STYLE="font-size: 10pt">Wendy
Serafin &#8211; vice president of communications:&nbsp;<U>Media@opploans.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #FEFEFE"><FONT STYLE="font-size: 10pt">Roger
Sauerhaft, Sloane &amp; Company:&nbsp;<U>Rsauerhaft@sloanepr.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I></I></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>The following communication
was shared by Jared Kaplan, CEO of OppFi, through his LinkedIn page on March 3, 2021:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt"><B>LinkedIn:</B> CEO
Post (Jared Kaplan LinkedIn): I am very excited to introduce our new leaders for the OppFi Card and SalaryTap business lines.
Elizabeth Simer and Matthew Gomes bring valuable expertise to these important business lines as we aim to improve credit access
for millions of everyday consumers through new financial offerings. Congrats! #financialinclusion</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">[<U>https://www.prnewswire.com/news-releases/oppfi-announces-leadership-appointments-to-spearhead-newly-launched-oppfi-card-and-salarytap-business-lines-301239515.html?tc=eml_cleartime</U>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">Important Information
regarding the OppFi/FG New America transaction, participants in the solicitation and non-solicitation:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">[<A HREF="https://www.sec.gov/Archives/edgar/data/1818502/000110465921017063/tm216066d1_ex99-1.htm" STYLE="-sec-extract: exhibit">https://lnkd.in/e5NHWX9</A>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>The following communication
was shared by OppFi on its LinkedIn page on March 3, 2021:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt"><B>LinkedIn:</B> OppLoans
Post (OppFi LinkedIn): OppFi announced new leadership appointments to spearhead OppFi Card and SalaryTap. Elizabeth Simer and
Matthew Gomes bring valuable expertise to these important business lines as we aim to improve credit access for millions of everyday
consumers through new financial offerings. #FinancialInclusion</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">[<FONT STYLE="font-size: 10pt"><U>https://www.prnewswire.com/news-releases/oppfi-announces-leadership-appointments-to-spearhead-newly-launched-oppfi-card-and-salarytap-business-lines-301239515.html?tc=eml_cleartime</U>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">Important Information
regarding the OppFi/FG New America transaction, participants in the solicitation and non-solicitation:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">[<A HREF="https://www.sec.gov/Archives/edgar/data/1818502/000110465921017063/tm216066d1_ex99-1.htm" STYLE="-sec-extract: exhibit">https://lnkd.in/gUWmnRM</A>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>The following communication
was shared by OppFi on its LinkedIn page on March 3, 2021:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt"><B>LinkedIn:</B> Leadership
&amp; Comms Post: OppFi has announced new leaders for the OppFi Card and SalaryTap business lines. Elizabeth Simer and Matthew
Gomes bring valuable expertise to these important business lines as we aim to improve credit access for millions of everyday consumers
through new financial offerings. #financialinclusion</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">[<U>https://www.prnewswire.com/news-releases/oppfi-announces-leadership-appointments-to-spearhead-newly-launched-oppfi-card-and-salarytap-business-lines-301239515.html?tc=eml_cleartime</U>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>The following communication
was shared by OppFi on its LinkedIn page on March 3, 2021:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt"><B>LinkedIn:</B> Leadership
&amp; Comms Post: OppFi has announced new leaders for the OppFi Card and SalaryTap business lines. Congratulations Elizabeth Simer
and Matthew Gomes!</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><FONT STYLE="font-size: 10pt">[<U>https://www.prnewswire.com/news-releases/oppfi-announces-leadership-appointments-to-spearhead-newly-launched-oppfi-card-and-salarytap-business-lines-301239515.html?tc=eml_cleartime</U>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>The text of the linked press
release follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>OppFi
Announces Leadership Appointments to Spearhead Newly Launched OppFi Card and SalaryTap Business Lines</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Fintech
taps Discover leader to lead credit card division to bring revolving credit to everyday consumers</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: #FEFEFE">CHICAGO,
March </FONT><FONT STYLE="font-size: 10pt">3<FONT STYLE="background-color: #FEFEFE">, 2021&#8212;Opportunity Financial, LLC
(&#8220;<U>OppFi</U>&#8221; or the &#8220;company&#8221;)</FONT>, a leading financial technology platform that powers banks
to help everyday consumers gain access to credit, announced today that Elizabeth Simer has joined the company as general
manager for its new credit card business, OppFi Card. The company has also appointed Matthew Gomes as general manager for
SalaryTap, OppFi&#8217;s near prime installment lending product that is repaid through payroll deduction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Simer brings more than a decade
of financial services experience, having led product management, marketing and strategic efforts for several blue-chip financial
services companies including Intuit, Square, and most recently Discover, where she led product for Discover Student Loans. Simer
launched her career in accounting and finance at Ernst &amp; Young and private equity firm CIVC Partners.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Gomes joined OppFi in 2016 and
is responsible for the build and launch of OppFi&#8217;s SalaryTap business that is currently in the pilot phase. Prior, he built
and led OppFi&#8217;s business and marketing analytics division responsible for driving the high growth customer acquisition funnel
of OppFi&#8217;s small dollar lending business. Prior to OppFi, Gomes held key roles at financial services company, Avant, and
family care marketplace, Care.com.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&#8220;Elizabeth and Matthew
bring valuable leadership and expertise to the OppFi mission as we build and expand new products that will further graduate consumers
to better financial health,&#8221; said Jared Kaplan, CEO, OppFi. &#8220;They are instrumental in developing, launching, and running
these important business lines as we aim to improve credit access for millions of everyday consumers through new financial offerings.&#8221;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">SalaryTap, piloted in November
2020, has a national rollout planned for the second quarter of this year. OppFi Card is set to pilot in the second half of 2021.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">###</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>About OppFi</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">OppFi is a leading financial
technology platform that powers banks to offer accessible products and a top-rated experience to everyday consumers. Through its
unwavering commitment to customer service, OppFi helps consumers who are turned away by traditional providers build a better financial
path. To date, OppFi has facilitated the issuance of more than 1.5 million loans. The company has been ranked as an Inc. 5000
company for five straight years and was named the eighth fastest-growing Chicagoland company in 2020 by Crain&#8217;s Chicago
Business. The company maintains an A+ rating from the Better Business Bureau (BBB) and maintains a 4.9/5 star rating with more
than 14,000 online customer reviews, making it one of the top customer-rated financial platforms online. For more information,
please visit <U>oppfi.com</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Important Information and
Where to Find It</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">In connection with a proposed
business combination with OppFi, FG New America Acquisition Corp. (&#8220;FGNA&#8221;) (NYSE: FGNA) intends to file a preliminary
proxy statement and a definitive proxy statement with the U. S. Securities and Exchange Commission (the &#8220;SEC&#8221;). The
stockholders of FGNA and other interested persons are advised to read, when available, the preliminary proxy statement and the
amendments thereto and the definitive proxy statement and documents incorporated by reference therein filed in connection with
the proposed business combination, as these materials will contain important information about OppFi, FGNA and the proposed business
combination. When available, the definitive proxy statement and other relevant materials for the proposed business combination
will be mailed to stockholders of FGNA as of a record date to be established for voting on the proposed business combination.
Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement and other documents
filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SEC&#8217;s web site
at www.sec.gov, or by directing a request to: FG New America Acquisition Corp., Attention: Hassan Baqar, Chief Financial Officer,
105 S. Maple Street, Itasca, Illinois 60143.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Participants in the Solicitation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">FGNA and its directors and executive
officers may be deemed participants in the solicitation of proxies from FGNA&#8217;s stockholders with respect to the business
combination. A list of the names of those directors and executive officers and a description of their interests in FGNA will be
filed in the proxy statement for the proposed business combination and be available at&nbsp;<U>www.sec.gov</U>. Additional information
regarding the interests of such participants will be contained in the proxy statement for the proposed business combination when
available.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">OppFi and its directors and executive
officers may also be deemed to be participants in the solicitation of proxies from the stockholders of FGNA in connection with
the business combination. A list of the names of such directors and executive officers and information regarding their interests
in the proposed business combination will be included in the proxy statement for the proposed business combination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Non-Solicitation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">This press release shall not
constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business
combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities,
nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be
made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Contact:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #FEFEFE"><FONT STYLE="font-size: 10pt">Wendy
Serafin &#8211; vice president of communications:&nbsp;<U>Media@opploans.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #FEFEFE"><FONT STYLE="font-size: 10pt">Roger
Sauerhaft, Sloane &amp; Company:&nbsp;<U>Rsauerhaft@sloanepr.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt"><B><I>Important
Information About the Business Combination and Where to Find It</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white"><FONT STYLE="font-size: 10pt">In
connection with the proposed business combination, the Company intends to file a preliminary proxy statement and a definitive
proxy statement with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;). <B>The Company&#8217;s stockholders
and other interested persons are advised to read, when available, the preliminary proxy statement and the amendments thereto and
the definitive proxy statement and documents incorporated by reference therein filed in connection with the business combination,
as these materials will contain important information about OppFi, the Company and the business combination.</B> When available,
the definitive proxy statement and other relevant materials for the business combination will be mailed to stockholders of the
Company as of a record date to be established for voting on the business combination. Stockholders of the Company will also be
able to obtain copies of the preliminary proxy statement, the definitive proxy statement and other documents filed with the SEC
that will be incorporated by reference therein, without charge, once available, at the SEC&#8217;s web site at www.sec.gov, or
by directing a request to: FG New America Acquisition Corp., 105 S. Maple Street, Itasca, Illinois 60143, Attention: Hasan Baqar.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt"><B><I>Participants
in the Solicitation</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white"><FONT STYLE="font-size: 10pt">The
Company and its directors and executive officers may be deemed participants in the solicitation of proxies from the Company&#8217;s
stockholders with respect to the business combination. A list of the names of those directors and executive officers and a description
of their interests in the Company is contained in the Registration Statement on Form S-1, which was filed by the Company with
the SEC on August 26, 2020 and is available free of charge at the SEC&#8217;s web site at www.sec.gov, or by directing a request
to FG New America Acquisition Corp., 105 S. Maple Street, Itasca, Illinois 60143, Attention: Hasan Baqar. Additional information
regarding the interests of such participants will be contained in the proxy statement for the business combination when available.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt; background-color: white">OppFi
and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders
of the Company in connection with the </FONT><FONT STYLE="font-size: 10pt">business combination<FONT STYLE="background-color: white">.
A list of the names of such directors and executive officers and information regarding their interests in the business combination
will be included in the proxy statement for the proposed </FONT>business combination <FONT STYLE="background-color: white">when
available.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt"><B><I>Forward-Looking
Statements</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt">This
communication includes &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221;
provisions of the Private Securities Litigation Reform Act of 1995. The Company&#8217;s and OppFi&#8217;s actual results may
differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as &#8220;expect,&#8221; &#8220;estimate,&#8221;
&#8220;project,&#8221; &#8220;budget,&#8221; &#8220;forecast,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221;
&#8220;plan,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;could,&#8221; &#8220;should,&#8221; &#8220;believes,&#8221;
&#8220;predicts,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; and similar expressions are intended to identify
such forward-looking statements. These forward-looking statements include, without limitation, the Company&#8217;s and
OppFi&#8217;s expectations with respect to future performance, performance, growth, and OppFi&#8217;s market, OppFi&#8217;s
new products and their performance, the anticipated financial impacts of the proposed business combination, the satisfaction
of the closing conditions to the proposed business combination and the timing of the completion of the proposed business
combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results
to differ materially from the expected results. Most of these factors are outside the Company&#8217;s and OppFi&#8217;s
control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the
occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination
Agreement that the Company entered into with OppFi, OppFi Shares, LLC, a Delaware limited liability company, and Todd
Schwartz, in his capacity as the Members&#8217; Representative (the &#8220;Business Combination Agreement&#8221;); (2) the
outcome of any legal proceedings that may be instituted against the Company and OppFi following the announcement of the
Business Combination Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business
combination, including due to failure to obtain approval of the stockholders of the Company, certain regulatory approvals or
satisfy other conditions to closing in the Business Combination Agreement, including with respect to the levels of the
Company stockholder redemptions; (4) the occurrence of any event, change or other circumstance that could give rise to the
termination of the Business Combination Agreement or could otherwise cause the transaction to fail to close; (5) the impact
of COVID-19 on OppFi&#8217;s business and/or the ability of the parties to complete the proposed business combination; (6)
the inability to obtain or maintain the listing of the combined company&#8217;s shares of common stock on the New York Stock
Exchange following the proposed business combination; (7) the risk that the proposed business combination disrupts current
plans and operations as a result of the announcement and consummation of the proposed business combination; (8) the ability
to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things,
competition, the ability of OppFi to grow and manage growth profitably and retain its key employees; (9) costs related to the
proposed business combination; (10) changes in applicable laws or regulations; (11) the possibility that OppFi or the Company
may be adversely affected by other economic, business, and/or competitive factors; and (12) other risks and uncertainties
indicated from time to time in the proxy statement relating to the proposed business combination, including those under
&#8220;Risk Factors&#8221; therein, and in the Company&#8217;s other filings with the SEC. The Company and OppFi caution that
the foregoing list of factors is not exclusive. The Company and OppFi caution readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made. The Company and OppFi do not undertake or accept any
obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any
change in its expectations or any change in events, conditions or circumstances on which any such statement is
based.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-size: 10pt"><B><I>No
Offer or Solicitation</I></B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white"><FONT STYLE="font-size: 10pt">This
communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect
of the business combination. This communication shall also not constitute an offer to sell or the solicitation of an offer to
buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering
of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933,
as amended, or an exemption therefrom.</FONT></P>

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