FinWise Bank

FinWise Bank

FinWise provides Banking and Payments solutions to fintech brands. 2024 is a key expansion year for the Company, as it expands and diversifies its business model by launching and incorporating Payments Hub and BIN Sponsorship offerings into its current platforms.

Its existing Strategic Program Lending business, done through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands.

In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied RE, and Leasing, which provide flexibility for disciplined balance sheet growth.

Through its compliance oversight and risk management-first culture, the Company is also well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.
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Info

Year founded
2000
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URL
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Corporate Address
756 E Winchester St
Murray
84107
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Utah
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Operating Status
Active
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Number of employees
51-200
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Bank type
Community
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Charter
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Financials

Total assets
582263000
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Assets concentration
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Net income
21992000
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Net income - quarterly
5002000
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Return on assets (ROA)
4.479973142976575
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Asset Concentration Hierarchy
4
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Fintech program & Technology

Sponsor model
Direct
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CRM Software
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Core Provider
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Side-Core Provider
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Loan origination software
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Bin sponsor
True
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Card Networks
Visa
Mastercard
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Network Processor
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Preferred account structure
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Services
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Checking
Debit Card
Savings
Other Infrastructure Partners
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Association memberships
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Regulatory & Other

Regulated by
FDIC
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Contacts

Contacts
James Noone
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Testimonials

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