Oportun Financial Corporation announced it has entered into a First Amendment to the Amended and Restated Program Agreement with Pathward, National Association. Under the terms of the amendment, effective October 1, 2025, Pathward will sell to Oportun, and Oportun will purchase, 100% of all loans originated by Pathward under the program with disbursement dates on or after October 1, 2025. Pathward will cease retaining Oportun loans by the end of February 2026, which is expected to eliminate the derivative accounting associated with the agreement. The amendment also sets out Oportun's commitment to purchase Pathward's existing retained loan portfolio, with the initial purchase scheduled to close on October 3, 2025. The initial purchase will include loans originated and disbursed on or before September 30, 2025, that are current or up to 29 days delinquent, at an aggregate unpaid principal balance of approximately $115 million. Oportun plans to use its existing warehouse facilities to fund the transaction. The agreement also includes provisions for subsequent purchases of remaining retained loans through February 2026, along with adjustments to bank origination fees, performance reserve requirements, and the removal of certain loan loss rate provisions.