Item 1.02. Termination of a Material Definitive Agreement

On April 8, 2021 (the "Redemption Date"), Oportun Funding IX, LLC, as issuer (the "Issuer"), a wholly-owned subsidiary of Oportun Financial Corporation (the "Company"), completed the redemption (the "Redemption") of all of the outstanding notes issued under its Series 2018-B asset-backed securitization transaction (the "Notes"). The Notes were issued pursuant to the Base Indenture dated as of July 9, 2018 (the "Base Indenture") entered into between the Issuer and Wilmington Trust, National Association, as trustee (the "Trustee"), as supplemented by the Series 2018-B Supplement to the Base Indenture, dated as of July 9, 2018 (the "Series Supplement"). The Issuer paid a redemption price of $225.0 million (the "Redemption Price") to the Trustee, plus the accrued and unpaid interest to, but not including, the Redemption Date, which is the amount sufficient to fund the Redemption and to satisfy and discharge the Issuer's obligations under the Notes and the Base Indenture. The Redemption Price was funded by drawing upon the Company's secured financing facility and using unrestricted cash.

Item 9.01. Financial Statements and Exhibits



(d) Exhibits
Exhibit Number
                  Cover Page Interactive Data File embedded within the Inline XBRL
104               document

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