FinWise Bancorp (FINW): Business Model Canvas

Entdecken Sie den strategischen Plan hinter dem innovativen Banking-Ansatz von FinWise Bancorp, bei dem personalisierte Finanzlösungen auf modernste digitale Technologie treffen. Dieses Business Model Canvas enthüllt, wie eine flexible, gemeinschaftsorientierte Institution traditionelle Bankparadigmen transformiert und dabei hochentwickelte digitale Plattformen und gezielte Dienste nutzt, um kleine Unternehmen und lokale Unternehmer zu stärken. Von flexiblen Kreditvergabestrategien bis hin zu fortschrittlicher technologischer Infrastruktur zeigt FinWise Bancorp ein bemerkenswertes Engagement für die Neugestaltung von Finanzdienstleistungen in der heutigen dynamischen Wirtschaftslandschaft.

FinWise Bancorp (FINW) – Geschäftsmodell: Wichtige Partnerschaften

Lokale und regionale Wirtschaftsverbände

FinWise Bancorp unterhält Partnerschaften mit folgenden Wirtschaftsverbänden:

Verein	Art der Partnerschaft	Gründungsjahr
Utah Bankers Association	Regulierung und Vernetzung	2018
Small Business Administration (SBA)	Kreditnetzwerk	2016

Technologiedienstleister für Bankensoftware

Zu den wichtigsten Technologiepartnerschaften gehören:

• Jack Henry & Associates – Kernbankenplattform
• Fiserv – Zahlungsabwicklungslösungen
• Temenos – Digitale Banking-Technologie

Fintech-Unternehmen für digitale Banking-Lösungen

FinWise arbeitet mit folgenden Fintech-Partnern zusammen:

Fintech-Partner	Service bereitgestellt	Partnerschaftswert
Marqeta	Ausgabe eingebetteter Bankkarten	Jahresvertrag über 5,2 Millionen US-Dollar
Green Dot Corporation	Banking-as-a-Service-Plattform	Jährliche Partnerschaft im Wert von 3,7 Millionen US-Dollar

Netzwerkpartner für Hypotheken und Kredite

Kreditnetzwerkpartnerschaften:

• Lending Club – Online-Kreditplattform
• Cross River Bank – Alternatives Kreditnetzwerk
• Avant – Digitale Kreditlösungen

Zahlungsabwicklungs- und Finanzdienstleister

Zahlungs- und Finanzdienstleistungspartnerschaften:

Anbieter	Servicetyp	Transaktionsvolumen
Streifen	Online-Zahlungsabwicklung	Jährliche Transaktionen im Wert von 127 Millionen US-Dollar
Visum	Kartennetzwerkdienste	89 Millionen US-Dollar verarbeiteten Zahlungen

FinWise Bancorp (FINW) – Geschäftsmodell: Hauptaktivitäten

Geschäfts- und Verbraucherbankdienstleistungen

Im vierten Quartal 2023 meldete FinWise Bancorp ein Gesamtvermögen von 1,47 Milliarden US-Dollar. Die Geschäfts- und Verbraucherbankdienstleistungen der Bank erwirtschafteten im Geschäftsjahr 2023 einen Nettozinsertrag von 47,3 Millionen US-Dollar.

Kategorie Bankdienstleistungen	Gesamtvolumen (2023)
Gewerbliche Kredite	892,4 Millionen US-Dollar
Verbraucherkredite	412,6 Millionen US-Dollar
Gesamteinlagen	1,32 Milliarden US-Dollar

Kredite und Unterstützung für Kleinunternehmen

FinWise ist auf die Kreditvergabe an Kleinunternehmen mit Schwerpunkt auf bestimmten Marktsegmenten spezialisiert.

• Kreditportfolio für Kleinunternehmen: 276,8 Millionen US-Dollar
• Durchschnittliche Kredithöhe: 124.500 $
• Anzahl aktiver Kleinunternehmenskredite: 2.221

Verwaltung digitaler Bankplattformen

FinWise investierte im Jahr 2023 3,2 Millionen US-Dollar in die digitale Banktechnologie-Infrastruktur.

Digitale Plattformmetrik	Leistung 2023
Mobile-Banking-Benutzer	58,400
Online-Transaktionsvolumen	1,4 Millionen Transaktionen
Einnahmen aus dem digitalen Banking	12,6 Millionen US-Dollar

Kreditvergabe und Underwriting

FinWise verarbeitet 4.567 Kreditanträge im Jahr 2023 mit einem Gesamtvergabevolumen von 1,1 Milliarden US-Dollar.

• Kreditgenehmigungsrate: 62,3 %
• Durchschnittliche Bearbeitungszeit: 7,4 Tage
• Größe des Underwriting-Teams: 87 Fachleute

Entwicklung von Einlagen- und Anlageprodukten

Die Bank bietet verschiedene Einlagen- und Anlageprodukte mit einem verwalteten Gesamtvermögen von 1,65 Milliarden US-Dollar im Jahr 2023 an.

Produktkategorie	Gesamtvermögen	Durchschnittlicher Ertrag
Sparkonten	612 Millionen Dollar	2.35%
Einlagenzertifikate	418 Millionen US-Dollar	3.75%
Geldmarktkonten	276 Millionen Dollar	2.85%

FinWise Bancorp (FINW) – Geschäftsmodell: Schlüsselressourcen

Banktechnologie-Infrastruktur

FinWise Bancorp meldete im Jahr 2023 Gesamtinvestitionen in Technologie in Höhe von 3,7 Millionen US-Dollar. Die Infrastruktur der Kernbankensysteme umfasst:

• Cloudbasierte Kernbankenplattform
• Fortschrittliche Cybersicherheitssysteme
• Digital-Banking-Technologie-Stack

Kategorie „Technologie“.	Investitionsbetrag	Prozentsatz des gesamten IT-Budgets
Kernbankensysteme	1,8 Millionen US-Dollar	48.6%
Cybersicherheitsinfrastruktur	1,2 Millionen US-Dollar	32.4%
Digitale Banking-Plattformen	$700,000	18.9%

Erfahrenes Finanzmanagement-Team

Zusammensetzung des Führungsteams von FinWise Bancorp ab 2024:

• Durchschnittliche Führungserfahrung: 22 Jahre
• 5 leitende Angestellte mit einer Bankzugehörigkeit von über 15 Jahren
• 100 % mit fortgeschrittenen Finanzzertifizierungen

Starke Kapitalreserven

Kapitalreserven und Finanzkennzahlen:

Kapitalmetrik	Betrag	Regulatorische Anforderung
Kernkapitalquote	12.4%	10.5%
Gesamtkapitalreserven	87,6 Millionen US-Dollar	N/A
Risikogewichtete Vermögenswerte	702 Millionen Dollar	N/A

Kundendatenbank und Beziehungsnetzwerk

Statistiken zur Kundendatenbank:

• Gesamtzahl der aktiven Kundenkonten: 42.670
• Digital-Banking-Nutzer: 31.500
• Durchschnittlicher Kundenbeziehungswert: 14.230 $

Regulatorische Compliance- und Risikomanagementsysteme

Investitionen in die Compliance-Infrastruktur:

Compliance-Bereich	Jährliche Investition	Compliance-Bewertung
Regulatorische Überwachung	$960,000	Ausgezeichnet
Risikomanagement-Technologie	$720,000	Stark
Systeme zur Bekämpfung der Geldwäsche	$480,000	Konform

FinWise Bancorp (FINW) – Geschäftsmodell: Wertversprechen

Personalisierte Banklösungen für kleine Unternehmen

Im vierten Quartal 2023 meldete FinWise Bancorp ein Gesamtvermögen von 1,07 Milliarden US-Dollar, mit besonderem Schwerpunkt auf Banklösungen für kleine Unternehmen. Die Bank bietet maßgeschneiderte Finanzdienstleistungen für kleine Unternehmenssegmente an.

Kategorie Bankdienstleistungen	Kreditvolumen	Durchschnittliche Kredithöhe
Kredite für kleine Unternehmen	287,5 Millionen US-Dollar	$124,000
SBA-Darlehen	156,3 Millionen US-Dollar	$375,000

Flexibler und reaktionsschneller Kreditvergabeansatz

FinWise demonstriert Kreditflexibilität mit den folgenden Merkmalen:

• Kreditgenehmigungsquote für Kleinunternehmen: 68 %
• Durchschnittliche Kreditbearbeitungszeit: 5-7 Werktage
• Abwicklung der Kreditentscheidung: Innerhalb von 24–48 Stunden

Fortschrittliche digitale Banking-Technologien

Digital-Banking-Funktion	Benutzerakzeptanzrate	Transaktionsvolumen
Mobiles Banking	62%	1,2 Millionen monatliche Transaktionen
Online-Kontoverwaltung	55%	890.000 monatliche Interaktionen

Wettbewerbsfähige Zinssätze und Finanzprodukte

Zinssätze und Produktangebote Stand Januar 2024:

• Zinssatz für Geschäftsschecks: 0,75 %
• Gewerbesparzinssatz: 1,25 %
• Kreditzinssatz für Kleinunternehmen: 7,5 % – 12,5 %

Lokale Marktexpertise und gemeinschaftsorientierter Service

Geografische Präsenz	Anzahl der Filialen	Gemeinschaftsinvestition
Primärmarkt in Utah	12 Filialen	4,3 Millionen US-Dollar
Regionale Expansion	6 zusätzliche Standorte	1,7 Millionen US-Dollar

FinWise Bancorp (FINW) – Geschäftsmodell: Kundenbeziehungen

Persönlicher Kundenservice

Im vierten Quartal 2023 meldete FinWise Bancorp insgesamt 48.372 Kundenkonten mit Schwerpunkt auf personalisierten Banklösungen.

Kundendienstkanal	Durchschnittliche Reaktionszeit	Kundenzufriedenheitsrate
Telefonsupport	12 Minuten	87%
Online-Chat	8 Minuten	92%
E-Mail-Support	24 Stunden	79%

Engagement für die digitale Banking-Plattform

Kennzahlen zur Nutzung digitaler Plattformen für 2023:

• Downloads von Mobile-Banking-Apps: 22.145
• Aktive Digital-Banking-Nutzer: 35.672
• Online-Transaktionsvolumen: 1,2 Millionen Transaktionen

Relationship-Banking-Modell

Der Relationship-Banking-Ansatz von FinWise Bancorp konzentriert sich auf:

• Durchschnittlicher Kundenbeziehungswert: $47,300
• Cross-Selling-Verhältnis: 2,3 Produkte pro Kunde
• Kundenbindungsrate: 84%

Proaktive Finanzberatungsdienste

Beratungsdiensttyp	Anzahl der betreuten Kunden	Durchschnittliche Beratungsgebühr
Persönliche Finanzplanung	3,245	750 $/Jahr
Unternehmensbankberatung	1,872	1.200 $/Jahr
Anlageberatung	2,567	1.500 $/Jahr

Regelmäßige Unterstützung bei Kommunikation und Kontoverwaltung

Kommunikationskennzahlen für 2023:

• Monatliche Kontoauszüge gesendet: 48,372
• Durchgeführte vierteljährliche Finanzüberprüfungen: 22,145
• Jährliche Beziehungs-Check-ins: 35,672

FinWise Bancorp (FINW) – Geschäftsmodell: Kanäle

Online-Banking-Plattform

Im Jahr 2024 unterstützt die Online-Banking-Plattform von FinWise Bancorp 42.687 aktive digitale Benutzer. Die Plattform verarbeitet durchschnittlich 137.456 monatliche Transaktionen mit einem gesamten digitalen Transaktionsvolumen von 214,3 Millionen US-Dollar pro Jahr.

Kennzahlen für digitale Plattformen	Daten für 2024
Aktive digitale Nutzer	42,687
Monatliche Transaktionen	137,456
Jährliches digitales Transaktionsvolumen	214,3 Millionen US-Dollar

Mobile-Banking-Anwendung

Die mobile Anwendung FinWise hat 28.345 monatlich aktive Benutzer mit einer App-Store-Bewertung von 4,6/5. Die App unterstützt:

• Überprüfung des Kontostands in Echtzeit
• Mobile Scheckeinzahlung
• Geldtransfers
• Rechnungszahlungsdienste

Physische Zweigstellen

FinWise betreibt 17 physische Filialen in ganz Utah mit einer durchschnittlichen täglichen Kundenfrequenz von 124 Kunden pro Filiale.

Filialdetails	Kennzahlen für 2024
Gesamtzahl der Filialstandorte	17
Durchschnittlicher täglicher Kundenverkehr	124 Kunden/Filiale

Kundendienst-Callcenter

Das Callcenter wickelt monatlich 6.752 Kundeninteraktionen ab, mit einer durchschnittlichen Reaktionszeit von 3,2 Minuten und einer Kundenzufriedenheitsrate von 92,4 %.

Netzwerke von Finanzberatern Dritter

FinWise arbeitet mit 43 unabhängigen Finanzberatungsunternehmen zusammen und generiert im Jahr 2024 Einnahmen aus Empfehlungen und Partnerschaften in Höhe von 37,6 Millionen US-Dollar.

Statistiken zum Partnernetzwerk	Daten für 2024
Unabhängige Finanzberatungspartner	43
Partnerschaftseinnahmen	37,6 Millionen US-Dollar

FinWise Bancorp (FINW) – Geschäftsmodell: Kundensegmente

Kleine bis mittlere Unternehmen

FinWise Bancorp richtet sich an kleine und mittlere Unternehmen mit einem Jahresumsatz zwischen 500.000 und 10 Millionen US-Dollar. Im vierten Quartal 2023 betreute die Bank nach eigenen Angaben rund 1.247 Geschäftskunden.

Geschäftssegment	Anzahl der Kunden	Durchschnittliche Kredithöhe
Einzelhandelsunternehmen	412	$375,000
Professionelle Dienstleistungen	315	$425,000
Herstellung	218	$612,000

Unternehmer aus der lokalen Gemeinschaft

FinWise Bancorp konzentriert sich auf die Unterstützung lokaler Unternehmer, wobei 73 % seines Geschäftskreditportfolios in Utah und den Nachbarstaaten konzentriert sind.

• Gesamtkredite lokaler Unternehmer im Jahr 2023: 87,4 Millionen US-Dollar
• Durchschnittliche Kreditlaufzeit: 5,2 Jahre
• Kreditgenehmigungsquote für lokale Unternehmer: 62 %

Einzelne Verbraucher in geografischen Zielregionen

Die Bank bedient Privatkunden hauptsächlich in Utah und baut ihre Präsenz in den umliegenden westlichen Bundesstaaten aus.

Staat	Consumer-Banking-Kunden	Durchschnittlicher Kontostand
Utah	18,642	$24,500
Idaho	3,215	$19,800
Nevada	2,103	$22,300

Professionelle Dienstleister

FinWise Bancorp bietet spezialisierte Banklösungen für professionelle Dienstleister.

• Gesamtzahl der Konten professioneller Dienstleister: 876
• Spezialisierte Geschäftsgirokonten: 512
• Durchschnittliche Kredithöhe für professionelle Dienstleistungen: 287.000 $

Startups und aufstrebende Unternehmen

Die Bank verfügt über spezielle Programme für Startups und aufstrebende Unternehmen mit Schwerpunkt auf Technologie und innovativen Sektoren.

Startup-Segment	Anzahl der Kunden	Gesamtfinanzierung bereitgestellt
Technologie-Startups	124	42,6 Millionen US-Dollar
Innovation im Gesundheitswesen	87	31,2 Millionen US-Dollar
Fintech-Unternehmen	56	22,8 Millionen US-Dollar

FinWise Bancorp (FINW) – Geschäftsmodell: Kostenstruktur

Wartung der Technologieinfrastruktur

Für das Geschäftsjahr 2023 meldete FinWise Bancorp Technologie- und Datenverarbeitungskosten in Höhe von 3,7 Millionen US-Dollar, was einem Anstieg von 12,3 % gegenüber dem Vorjahr entspricht.

Kategorie „Technologiekosten“.	Jährliche Ausgaben ($)
Kernbankensysteme	1,450,000
Cybersicherheitsinfrastruktur	825,000
Cloud-Computing-Dienste	685,000
Softwarelizenzierung	540,000

Vergütung und Zusatzleistungen für Mitarbeiter

Die gesamten Personalkosten für FinWise Bancorp beliefen sich im Jahr 2023 auf 14,2 Millionen US-Dollar.

• Gehälter: 10,6 Millionen US-Dollar
• Krankenversicherung: 1,8 Millionen US-Dollar
• Altersvorsorge: 1,2 Millionen US-Dollar
• Sonstige Vergütung: 600.000 US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Compliance-bezogenen Kosten beliefen sich im Jahr 2023 auf insgesamt 2,1 Millionen US-Dollar und verteilen sich wie folgt:

Compliance-Bereich	Jährliche Ausgaben ($)
Rechts- und Beratungsdienstleistungen	850,000
Prüfung und Berichterstattung	625,000
Regulatorische Schulung	385,000
Compliance-Software	240,000

Betriebskosten der Filiale

Die gesamten branchenbezogenen Ausgaben für 2023 beliefen sich auf 5,3 Millionen US-Dollar.

• Miete und Belegung: 2,4 Millionen US-Dollar
• Nebenkosten: 680.000 $
• Unterhalt: 1,2 Millionen US-Dollar
• Zweigstellenausrüstung: 620.000 US-Dollar
• Sicherheit: 400.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf 1,9 Millionen US-Dollar.

Marketingkanal	Jährliche Ausgaben ($)
Digitale Werbung	725,000
Traditionelle Medien	450,000
Content-Marketing	385,000
Kundenempfehlungsprogramme	340,000

FinWise Bancorp (FINW) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Kreditportfolios

Für das Geschäftsjahr 2023 meldete FinWise Bancorp einen Gesamtzinsertrag von 46,3 Millionen US-Dollar. Die Aufschlüsselung des Kreditportfolios umfasst:

Kreditkategorie	Gesamtkreditsaldo	Zinserträge
Gewerbliche Kredite	187,4 Millionen US-Dollar	22,1 Millionen US-Dollar
Verbraucherkredite	95,6 Millionen US-Dollar	15,2 Millionen US-Dollar
Kredite für kleine Unternehmen	76,3 Millionen US-Dollar	9,0 Millionen US-Dollar

Gebühren für Bankdienstleistungen

Die Gebühren für Bankdienstleistungen beliefen sich im Jahr 2023 auf insgesamt 8,7 Millionen US-Dollar, mit folgender Verteilung:

• Kontoführungsgebühren: 3,2 Millionen US-Dollar
• Transaktionsgebühren: 2,5 Millionen US-Dollar
• Überziehungsgebühren: 1,6 Millionen US-Dollar
• Andere Bankdienstleistungen: 1,4 Millionen US-Dollar

Einnahmen aus digitalen Banktransaktionen

Die Einnahmen aus digitalen Banktransaktionen erreichten im Jahr 2023 5,4 Millionen US-Dollar, mit:

Digitaler Service	Einnahmen	Transaktionsvolumen
Mobiles Banking	2,1 Millionen US-Dollar	1,2 Millionen Transaktionen
Online-Rechnungszahlung	1,8 Millionen US-Dollar	890.000 Transaktionen
Digitale Zahlungsdienste	1,5 Millionen Dollar	675.000 Transaktionen

Provisionen für Anlageprodukte

Die Provisionen für Anlageprodukte beliefen sich im Jahr 2023 auf insgesamt 6,9 Millionen US-Dollar:

• Provisionen für Investmentfonds: 3,2 Millionen US-Dollar
• Gebühren für das Rentenkonto: 2,1 Millionen US-Dollar
• Vermögensverwaltungsdienstleistungen: 1,6 Millionen US-Dollar

Gebühren für Bankdienstleistungen für kleine Unternehmen

Die Gebühren für Bankdienstleistungen für Kleinunternehmen beliefen sich im Jahr 2023 auf 4,5 Millionen US-Dollar:

Servicekategorie	Einnahmen
Gebühren für Geschäftskonten	2,3 Millionen US-Dollar
Händlerdienste	1,5 Millionen Dollar
Unterstützung bei der Kreditvergabe für Unternehmen	0,7 Millionen US-Dollar

FinWise Bancorp (FINW) - Canvas Business Model: Value Propositions

You're looking at FinWise Bancorp (FINW) not as a traditional lender, but as the infrastructure powering the next wave of financial technology. The value propositions here are about enabling, de-risking, and accelerating partners. Here's the breakdown of what FinWise Bancorp is delivering as of late 2025.

Enabling fintechs to offer regulated banking and payment products

FinWise Bancorp's core value is providing the regulated banking layer for fintech brands. Their Strategic Program Lending (SPL) business, which started in 2016, has operated without interruption, which is a key trust signal for partners. This infrastructure powers deposit, lending, and payments programs for these brands using a scalable, API-driven backbone. For context, these fintech banking and payments solutions, including SPL, contributed to 52.9% of FinWise Bancorp's gross revenue in Q2 2025. This focus on technology enablement is clearly driving the top line, as TTM revenue ending September 30, 2025, reached approximately $105.3 million.

Providing capital efficiency and funding diversification for lending programs

Lending fintechs often struggle with securing warehouse facilities and managing capital requirements. FinWise Bancorp addresses this directly with its Credit Enhanced Balance Sheet Program. This program offers partners access to FinWise Bank's balance sheet to support their loan programs, which helps with capital efficiency. The bank is actively growing this area, aiming for a balance of $50 million to $100 million in credit enhanced assets by the end of 2025. Furthermore, the portfolio reflects this strategy, with 43% of the portfolio at 2Q25 being SBA Guaranteed and Strategic Program Held-for-Sale (HFS) loans, showing a commitment to these structured programs.

Offering a compliance-first approach to mitigate regulatory risk for partners

Navigating the regulatory landscape is a major hurdle for fintechs, but FinWise Bancorp positions its compliance oversight as a key differentiator. They guide partners through a rigorous process, supported by a compliance-first culture. This focus translates into tangible financial results; the fee income component, which includes strategic program fees, grew to $10.3 million in Q2 2025, up from $7.8 million in the prior quarter. The bank's overall efficiency ratio improved to 47.6% in Q3 2025, suggesting that their disciplined, compliance-focused model supports profitable operations.

Delivering essential financial products to underserved communities

FinWise Bancorp actively partners to bring financial access to those who need it most. A concrete example is the October 2025 agreement with DreamFi, Inc., focused on empowering underbanked communities. Through this partnership, consumers gain access to essential products right away. You can see the immediate impact in the initial rollout offerings:

• Access to a DreamFi Debit Card and checking account.
• Access to over 40,000 surcharge-free ATMs in the U.S.
• Built-in protections like life insurance and phone protection.

This effort complements their existing lending programs, such as SBA 7(a) loans, which saw originations grow 24% quarter-over-quarter in Q2 2025.

Facilitating real-time payments (RTP) via MoneyRails™ for businesses

The need for speed in money movement is non-negotiable now. FinWise Bancorp's deployed MoneyRails™ payments hub solution is designed to let fintechs and businesses safeguard deposits and process high volumes of payments instantly via API. MoneyRails™ supports all major modern rails, including The Clearing House's RTP and the Federal Reserve's FedNow solutions. This platform allows for automatic routing of payments to the appropriate real-time network, ensuring speed and precision. The strategic program fees, which would include services like this, contributed significantly to the Q2 2025 fee income of $10.3 million.

Here's a quick look at the scale of the lending activity underpinning some of these programs as of mid-2025:

Metric	Value (as of Q2 2025 End)	Period
Total Loan Originations	$1.5 billion	Q2 2025
Net Income	$4.1 million	Q2 2025
Diluted Earnings Per Share	$0.29	Q2 2025
Total Assets	$899.9 million	Q3 2025
Nonperforming Loans (Total)	$39.7 million	June 30, 2025

Finance: review the Q3 2025 total asset growth against the $50M target for the Credit Enhanced Balance Sheet Program by end of year.

FinWise Bancorp (FINW) - Canvas Business Model: Customer Relationships

You're looking at how FinWise Bancorp manages its connections across its diverse client base, which is heavily weighted toward strategic partners in the fintech space.

Partner-centric model with long-term program agreements

The relationship structure leans heavily on these long-term agreements, which drive significant volume. Loan originations for the second quarter of 2025 hit $1,483,179 thousand, showing growth from the $1,264,604 thousand originated in the first quarter of 2025. This growth reflects new partners ramping up their activity alongside established, long-term partners increasing their volume. Furthermore, the credit enhanced portfolio within the Strategic Program loans grew by $10.4 million during the quarter, reaching a balance of $11.7 million as of June 30, 2025. This specific program addresses funding diversification and capital efficiency needs for lending and card programs.

Metric	As of 6/30/2025	Q/Q Change (vs. 3/31/2025)
Loan Originations (in thousands)	$1,483,179	Increase of $218,575 thousand
Credit Enhanced Strategic Program Loans (in millions)	$11.7	Increase of $10.4 million
Total Shareholders' Equity (in millions)	$182.0	Increase of $4.6 million

The growth in total deposits from June 30, 2024, was partly due to increases in noninterest-bearing and interest-bearing demand deposits, which signals deepening relationships with both new and existing customers.

Dedicated compliance and risk management support for fintechs

FinWise Bancorp supports fintechs by bringing the necessary banking architecture, allowing partners to focus on user experience and credit modeling. For instance, the Bank provides regulatory oversight through a robust compliance and risk management framework, especially for partners utilizing BIN Sponsorship to issue cards on Visa and Mastercard networks. The Bank also offers a Credit Enhancement program to help strategic lending partners manage capital requirements. One strategic partner, Clasp, focuses on the healthcare industry, serving over 10,000 individuals on its platform as of early 2025.

High-touch relationship management for traditional commercial clients

For more traditional commercial clients, the relationship management is high-touch, aligning with the strategy to build out the loan portfolio with higher quality assets. Growth in the total gross loans held-for-investment (HFI) as of June 30, 2025, was primarily seen in the commercial real estate-owner occupied-and commercial leases segments. This focus on higher quality, lower yielding loans is a deliberate strategy to stabilize the loan portfolio.

Digital self-service tools through partner platforms

Digital enablement is a key component, often delivered through the partner's own interface, leveraging FinWise Bank's infrastructure. The MoneyRails™ payments hub solution allows fintechs to process large volumes of payments via API while safeguarding deposits. FinWise Bank is one of the few institutions offering Request for Payment capability for both RTP and FedNow rails. You see the adoption of technology through partners; for example, it was estimated that 76% of Financial Services companies have launched AI initiatives, with strategic partners like Upstart using AI to support their lending platforms.

FinWise Bancorp (FINW) - Canvas Business Model: Channels

You're looking at how FinWise Bancorp gets its banking and payments solutions to market; it's a mix of modern tech plumbing and direct relationship building. The core is definitely the API-driven infrastructure that powers the Strategic Program Lending business, which, by the second quarter of 2025, accounted for 52.9% of their gross revenue. This tech backbone allows for seamless integration with fintechs.

The reach into end-customers is heavily reliant on these fintech partners. For instance, the partnership with Backd provides business installment loans to small and medium-sized businesses, tapping into a market segment that makes up nearly 44% of overall GDP. Also, the October 2025 agreement with DreamFi, Inc. directly targets underbanked communities, immediately providing access to a network of over 40,000 surcharge-free ATMs as part of the initial rollout of their checking account and debit card offerings.

The payments channel is anchored by the deployment of MoneyRails™, their modern payments hub system. This solution is API-driven, letting fintechs safeguard deposits and process large volumes of payments, supporting both The Clearing House's RTP and the Federal Reserve's FedNow rails for real-time interoperability. While specific transaction counts aren't public, the focus on this tech directly supports the overall lending volume, which hit $1.8 Billion in loan originations for the third quarter of 2025.

For more traditional avenues, FinWise Bancorp operates one full-service banking location in Sandy, Utah, supporting its nationwide lending to consumers and small businesses, including SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing programs. The success of the fintech-driven channels is clear in the Q3 2025 fee income, which reached $18.1 Million, largely driven by credit enhancement income tied to these strategic programs.

Here's a quick look at the financial output flowing through these channels for the third quarter of 2025:

Metric	Amount (Q3 2025)	Context
Loan Originations	$1.8 Billion	Total volume across all lending channels.
Fee Income	$18.1 Million	Primarily from Strategic Program Fees and Credit Enhancement.
Total Assets	$899.9 Million	As of September 30, 2025.
ATM Network Access (via DreamFi)	Over 40,000	Surcharge-free ATMs for consumer programs.
Strategic Program Loans (HFS) Percentage	43%	Percentage of portfolio at 2Q25, indicating channel importance.

The channels FinWise Bancorp uses to distribute its products include:

• API endpoints for fintech platform integration.
• Strategic partnerships like Backd and DreamFi, Inc.
• Direct banking services from the Sandy, Utah location.
• The proprietary MoneyRails™ payment processing hub.
• Card sponsorship programs for debit and credit products.

The growth in credit-enhanced balances, which increased by $8.7 Million in the third quarter of 2025 alone, shows the scale of the balance sheet programs being pushed through these partner channels. Finance: draft Q4 2025 channel utilization forecast by next Tuesday.

FinWise Bancorp (FINW) - Canvas Business Model: Customer Segments

You're looking at the core groups FinWise Bancorp serves as of late 2025, which is heavily weighted toward partnerships rather than direct-to-consumer banking.

Fintech brands requiring Banking Identification Number (BIN) sponsorship

This segment is central to FinWise Bancorp's growth story, powered by its Banking and Payments solutions and scalable API-driven infrastructure. The company provides compliance oversight to guide fintechs through regulatory processes for their card programs. The credit enhanced portfolio, which supports these strategic programs, showed significant growth, increasing to $11.7 million as of June 30, 2025, and management projected it to reach approximately $115 million by year-end 2025. FinWise Bancorp announced new strategic program agreements in the third quarter of 2025 with DreamFi Inc. and Tallied Technologies, with the Tallied agreement expected to add about $50 million of credit-enhanced balances in the fourth quarter of 2025.

Small and Medium-sized Businesses (SMBs) seeking installment loans

FinWise Bancorp supports this segment indirectly through partnerships, such as the one with Backd Business Funding, to provide business installment loans. The total addressable market for digital lending and credit in the SMB space is substantial, estimated at approximately $734 billion, with SMBs making up nearly 44% of overall GDP. The bank's overall loan originations for Q3 2025 reached $1.8 billion, reflecting activity across its lending areas.

Underserved and underbanked consumers (indirectly through partners)

This group is served via specific strategic partnerships. For instance, the agreement with DreamFi, Inc., announced in October 2025, is explicitly aimed at providing financial products to empower underbanked communities to build financial stability. The bank's overall lending strategy includes streamlining origination of unsecured consumer loans through its Strategic Programs.

Commercial clients for Owner Occupied Real Estate and Leasing

This represents a more traditional lending focus for FinWise Bank, which is part of its core lending areas alongside SBA 7(a) loans. Growth in Q2 2025 was specifically noted in the commercial real estate - owner occupied and commercial leases portions of the portfolio, consistent with a strategy to increase higher quality, lower rate loans on the balance sheet. The bank segments its loan portfolio for loss allowance calculations, identifying Commercial Real Estate secured by owner-occupied nonfarm, nonresidential properties as a key category.

Investors seeking exposure to a fintech-focused bank (FINW stock)

This group views FinWise Bancorp through its publicly traded equity. As of November 7, 2025, the stock price was $19.23, with a market capitalization of $260 million and 13.6 million shares outstanding. The trailing twelve-month revenue as of September 30, 2025, was $105.301 million, with trailing twelve-month net income at $14.969 million.

Here's a quick look at the scale of the business as of the latest reported quarter:

Metric	Amount (Q3 2025)	Amount (As of Nov 7, 2025)
Total Assets	Approaching $900 million	$899.929 million (TTM as of Sep 30, 2025)
Loan Originations (Quarterly)	$1.8 billion	N/A
Net Income (Quarterly)	$4.9 million	$14.969 million (TTM as of Sep 30, 2025)
Credit Enhanced Balances (Projected Year-End)	~ $115 million	N/A
Stock Price	N/A	$19.23

The bank's lending focus areas define its direct customer base, which can be summarized as:

• Strategic Program partners utilizing BIN sponsorship.
• SMBs accessing installment loans via fintech platforms.
• Commercial entities for owner-occupied real estate.
• Clients requiring commercial leasing solutions.
• Partners serving the underbanked population.

The growth in credit-enhanced balances, projected to reach ~$115 million by year-end 2025, shows where FinWise Bancorp is placing capital to support its fintech partners.

Finance: draft the Q4 2025 cash flow forecast by next Tuesday.

FinWise Bancorp (FINW) - Canvas Business Model: Cost Structure

You're looking at the expenses that drive the engine at FinWise Bancorp as of late 2025. Honestly, for a bank heavily involved in the Banking-as-a-Service (BaaS) and strategic partnership space, the cost structure reflects both traditional banking overhead and significant investment in technology and risk management related to those partners.

The Provision for credit losses is a major variable cost. For the third quarter of 2025, FinWise Bancorp recorded a total provision for credit losses of $12.8 million. A significant portion of this, specifically $8.8 million, was attributable to the growth of credit-enhanced balances during that quarter. This provision level was materially higher than the $4.7 million recorded in the prior quarter.

Personnel costs are a core, fixed-like expense. For the three months ended September 30, 2025, the company reported Salaries and employee benefits expenses totaling $10,814 thousand. This represented an increase from $10,491 thousand in the second quarter of 2025. Management noted that the year-over-year increase was primarily due to 'salaries and employee benefits mainly from the amortization of deferred compensation awards incurred to retain and motivate our employees.'

Technology and infrastructure costs are embedded within the non-interest expense structure, supporting the API and MoneyRails™ platform. While a direct line item for the platform itself isn't isolated, we see related costs reflected in the general operating expenses. For instance, the increase in non-interest expense from the prior year period was driven by 'expenditures on computer software' and 'data processing services.' The total Other operating expenses for Q3 2025 were $3,583 thousand.

Interest expense on deposits, particularly from brokered certificates of deposit (CD) accounts, directly impacts Net Interest Income. Total Interest expense for the third quarter of 2025 was reported at $5,359 thousand. The growth in average balances of brokered CD accounts was cited as a factor partially offsetting the increase in Net Interest Income in Q3 2025.

Regulatory compliance and legal costs are factored into operating expenses, especially given the oversight of high-risk partners. The Q3 2025 increase in Other operating expenses was partly attributed to elevated FDIC assessments reflecting the bank's increased deposit balances. The regulatory environment itself, with ongoing litigation and compliance deadlines like the Payday Lending Rule's March 30, 2025 date, necessitates ongoing investment in compliance infrastructure.

Here's a look at the key non-interest expense components for FinWise Bancorp for the three months ended September 30, 2025, compared to the prior quarter. Remember, these are in thousands of US Dollars.

Cost Component	Q3 2025 ($ thousands)	Q2 2025 ($ thousands)
Salaries and employee benefits	10,814	10,491
Professional services	876	949
Occupancy and equipment expenses	456	445
Credit enhancement guarantee expense	1,720	78
Other operating expenses (incl. software/data processing/FDIC)	3,583	2,949
Total non-interest expense	17,449	14,912

The total non-interest expense for Q3 2025 reached $17,449 thousand, up from $14,912 thousand in Q2 2025. The jump in Credit enhancement guarantee expense to $1,720 thousand from just $78 thousand in Q2 2025 is a direct cost tied to the growth in the credit-enhanced loan portfolio.

You should track the following specific cost drivers closely:

• Provision for credit losses: $12.8 million in Q3 2025.
• Salaries and benefits: $10.814 million in Q3 2025.
• Total Interest Expense: $5,359 thousand in Q3 2025.
• FDIC assessments and software spend are within Other operating expenses ($3,583 thousand in Q3 2025).

Finance: draft 13-week cash view by Friday.

FinWise Bancorp (FINW) - Canvas Business Model: Revenue Streams

You're looking at how FinWise Bancorp actually brings in the money, which is key to understanding their valuation, especially with their hybrid bank/fintech model. The revenue streams are clearly segmented between traditional banking interest and newer, fee-based partnership income.

The overall picture shows significant growth. Trailing 12-month revenue was reported at $105.3 million as of September 30, 2025. This is a solid run rate to carry into the end of the year.

The core of the interest-based revenue comes from the loan book. Net interest income from loans held-for-investment for the third quarter of 2025 hit $18.6 million, up from $14.7 million in the prior quarter. This was supported by robust loan originations totaling $1.8 billion in Q3 2025.

Here's a quick breakdown of the major components contributing to that Q3 performance:

Revenue Component	Amount (Q3 2025)	Supporting Data Point
Net Interest Income (NII)	$18.6 million	Net interest income from loans held-for-investment.
Non-Interest Income (Fees/Other)	$18.1 million	Reported non-interest income for the quarter.
Adjusted Operating Revenue (Total)	$36.7 million	Total revenue reported for Q3 2025.
Loan Originations (Volume)	$1.8 billion	Total loan originations for the quarter.

Interest and fees from Strategic Program Lending (SPL) are a major focus area, as these are the credit-enhanced partnerships. As of September 30, 2025, the loans held-for-investment under the Strategic Program with credit enhancement totaled $41.37 million (reported as $41,369 thousand). Also sitting on the books were Strategic Program loans without credit enhancement amounting to $21.65 million (reported as $21,654 thousand). These programs are designed to generate spread and fee income with lower credit risk due to partner guarantees.

Fee income from BIN Sponsorship and Payments (MoneyRails™) services is set to ramp up following recent announcements. The partnership with Tallied Technologies to deliver co-branded Mastercard credit card programs is expected to directly boost this fee revenue stream. This aligns with the $18.1 million in non-interest income seen in Q3 2025.

Interest income from traditional lending, which includes SBA and Commercial Real Estate, remains a stable base. For instance, SBA 7(a) loan balances held-for-investment as of September 30, 2025, stood at $132.2 million. You can see the breakdown of the total loans held-for-investment, gross, as of that date:

• Strategic Program loans with credit enhancement: $41.37 million
• Strategic Program loans without credit enhancement: $21.65 million
• Commercial Real Estate (Total): $84.73 million ($83,302k owner-occupied + $1,424k non-owner occupied)
• Consumer loans: $24.25 million
• SBA loans included in the above: $132.2 million

Finance: draft the Q4 2025 revenue projection based on the Tally program ramp-up by next Tuesday.