Pathward Financial, through its subsidiary Pathward, a national bank focused on financial access, extended its partnership with Oportun Financial, a mission-driven financial services company.
The extended agreement, which now runs through 2029, renews Pathward’s role to originate unsecured and secured personal loans nationwide under programs developed and administered by Oportun. Oportun will continue to be responsible for marketing, underwriting, fraud prevention, servicing and administering the loans subject to the control, oversight and direction of Pathward.
“This extension will allow us to build on an important partnership Pathward has had with Oportun since 2020,” Lucas Kading, senior vice president of partner development and revenue operations at Pathward, said. “We are proud to continue to partner with Oportun to support their mission of increasing financial access and opportunity.”
“Extending our partnership with Pathward strengthens our ability to reach more people with responsible lending solutions,” Gaurav Rana, senior vice president and general manager of lending at Oportun, said. “Their expertise and flexibility allow us to focus on what matters most, supporting our members as they build stronger financial futures.”
