Independent Audit Report
Cleo
VS
OppFi

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
Cleo wins with 3/5 stars — best for Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts th. ⬇ Scroll for full 20-point audit
Best For
Cleo vs OppFi
Budget-conscious Gen Z and millennial users wanting an AI ch... vs Consumers needing access to credit who may not qualify for t...
Fee Structure
Cleo vs OppFi
Free tier available; Cleo Plus $5.99/month (cash advances up... vs Rates and fees vary by loan product and state; not publicly ...
Rating
Cleo vs OppFi
3/5 ★ vs 2/5 ★
Cleo
AI-Powered Budgeting & Cash Advance App
Best For Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
Core Fee Free tier available; Cleo Plus $5.99/month (cash advances up to $250, credit insights); Cleo Builder $14.99/month (up to $500 advance with $750/month direct deposit); express delivery fee $3.99–$14.99
Settlement ExtraCash advances approved in minutes; standard delivery free to Cleo account; express delivery to external debit card same day with fee; paycheck access up to 10 days early
Visit Cleo ↗
OppFi
Fintech Lending Platform
Best For Consumers needing access to credit who may not qualify for traditional bank products
Core Fee Rates and fees vary by loan product and state; not publicly listed
Settlement Fast online application; quick approval and funding decisions
Visit OppFi ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Cleo and OppFi before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Cleo OppFi
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Cleo: rated on fees, features, safety & ease of use
2/5
OppFi: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Free tier available; Cleo Plus $5.99/month (cash advances up to $250, credit insights); Cleo Builder $14.99/month (up to $500 advance with $750/month direct deposit); express delivery fee $3.99–$14.99 Rates and fees vary by loan product and state; not publicly listed
FX / Conversion SpreadMarkup above mid-market exchange rate
Cleo charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
OppFi charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Cleo does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
OppFi applies account maintenance charges as described in its fee schedule. Pricing may vary by region.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Cleo does not primarily offer physical cards — access is digital-first.
Check Cleo app for current card fees
OppFi does not primarily offer physical cards — access is digital-first.
Check OppFi app for current card fees
Domestic SettlementLocal bank transfer completion time
Cleo
ExtraCash advances approved in minutes; standard delivery fr
VS
OppFi
Fast online application; quick approval and funding decision
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Cleo supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
OppFi supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Cleo publishes service status updates on its official status page for transparency.
Check Cleo status page for incident history
OppFi is a regulated platform — it maintains high availability standards as part of its regulatory obligations.
Check OppFi status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Banking via Thread Bank, Member FDIC; Cleo Card issued by WebBank, Member FDIC; Plaid for bank connections (PCI DSS compliant); 256-bit encryption; March 2025 FTC settlement resolved fee disclosure claims
✓ Licensed
Standard fintech lending regulations; state-licensed operations; transparent fee structure
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Cleo
OppFi holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with OppFi
2FA & AuthenticationMulti-factor security implementation
Cleo supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
OppFi offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Cleo employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
OppFi employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Cleo
Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
OppFi
Consumers needing access to credit who may not qualify for traditional bank products
Platform ClassificationRegulatory and product category
AI-Powered Budgeting & Cash Advance App Fintech Lending Platform
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Cleo withdrawal limits vary by account type and KYC level.
Log in to see your current limits
OppFi withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Cleo supports the currencies and assets listed in its official documentation.
Check Cleo official site for full currency list
OppFi supports the currencies and assets listed in its official documentation.
Check OppFi official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Cleo app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
OppFi app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Cleo offers support through its help centre and official contact channels.
Check Cleo help centre for current support options
OppFi routes support through its official help channels. Priority queue access varies by plan.
Check OppFi help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Cleo KYC timelines depend on document quality and account type.
Verify current wait times in the Cleo app
OppFi KYC timelines depend on document quality and account type.
Verify current wait times in the OppFi app
Overall VerdictWealthBlueprint independent recommendation
Cleo WINS with 3/5 stars vs 2/5.

Why: Cleo excels at Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check.

✓ Choose Cleo if Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
➜ OppFi is still solid for Consumers needing access to credit who may not qualify for traditional bank products
Official WebsiteVisit platform to sign up or verify current fees
Visit Cleo ↗ Visit OppFi ↗

Choose Cleo If:

  • You need Budget-conscious Gen Z and millennial users wanting an AI ch
  • You prefer Free tier available; Cleo Plus $5.99/mon
  • You value ExtraCash advances approved in minutes;

Choose OppFi If:

  • You need Consumers needing access to credit who may not qualify for t
  • You prefer Rates and fees vary by loan product and
  • You value Fast online application; quick approval
  • You want a regulated platform (Standard fintech lending regulations; st)
WealthBlueprint Verdict Summary
Cleo — Best For
Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
✓ Strong in its core category
OppFi — Best For
Consumers needing access to credit who may not qualify for traditional bank products
✓ Strong in its core category

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