Oportun Financial Corporation appointed William Franklin as Chief Financial Officer and Principal Financial Officer, effective September 8, 2026. Franklin succeeds Joseph Schueller, who continues as Senior Vice President of Finance - Controller and Principal Accounting Officer. The appointment includes a $500,000 annual base salary, a target bonus equal to 75% of base for 2026, and a $200,000 signing bonus vesting after six months. Franklin will also receive an inducement equity award of 276,626 restricted stock units expected to be granted in December 2026. Prior to this role, Franklin served as Senior Vice President and Chief Financial Officer of Consumer Banking at Discover Financial Services. Oportun is a financial services company providing consumer credit, savings, and budgeting products.

Oportun Financial Corporation appointed Scott Scheirman to its Board of Directors, effective August 11, 2026, increasing the authorized board size from seven to eight members. Mr. Scheirman serves as a Class I director until the 2027 annual meeting and was designated Chair of the Audit & Risk Committee and a member of the Compensation & Leadership Committee. The filing also reports results from the 2026 Annual Meeting, where stockholders ratified Deloitte & Touche LLP as the independent auditor and approved an annual frequency for advisory votes on executive compensation. Oportun Financial Corporation operates in the financial services industry, providing responsible credit and banking products to underserved consumers.

Oportun Financial Corporation reported second quarter 2026 financial results on August 5, 2026. GAAP net income increased 24% year-over-year to $9 million, with diluted EPS of $0.17 compared to $0.14 in the prior-year period. Adjusted EBITDA grew 56% to $49 million, and adjusted diluted EPS rose 35% to $0.42. The company's 30-plus day delinquency rate improved to 4.0%, its lowest level since the fourth quarter of 2021. Management raised full-year Adjusted EBITDA guidance by 6% at the midpoint and tightened the annualized net charge-off range expectation by 20 basis points, citing disciplined execution and lower cost of capital. Oportun Financial Corporation operates in the consumer financial services industry, providing personal loans and credit products.

Oportun Financial Corporation through its subsidiary Oportun, Inc. entered into a four-year Program Management Agreement with Column National Association to establish a new lending program. Under the Agreement, Column will originate unsecured personal loans for consumers in select states, while Oportun will provide platform services including marketing, application processing, fraud prevention, and servicing. The Agreement allows Oportun to purchase loans originated by Column. Oportun Financial Corporation operates in the fintech sector, providing financial services to underserved populations.

Oportun Financial Corporation entered into a letter agreement with Bradley L. Radoff and The Radoff Family Foundation to establish standstill restrictions and board governance-related commitments. Under the agreement, two Class I directors will retire by the conclusion of the 06-22-2026 annual meeting, and the Radoff Parties will be subject to standstill-related restrictions on ownership and proxy solicitation. Oportun Financial Corporation is a financial services company providing credit and lending-related services.