FinWise Bancorp (FINW): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Descubra el plan estratégico detrás del enfoque innovador de Finwise Bancorp para la banca, donde las soluciones financieras personalizadas cumplen con la tecnología digital de vanguardia. Este lienzo de modelo de negocio presenta cómo una institución ágil y centrada en la comunidad transforma los paradigmas bancarios tradicionales, aprovechando plataformas digitales sofisticadas y servicios específicos para capacitar a pequeñas empresas y empresarios locales. Desde estrategias de préstamos flexibles hasta infraestructura tecnológica avanzada, Finwise Bancorp demuestra un compromiso notable para reinventar los servicios financieros en el panorama económico dinámico actual.

Finwise Bancorp (FINW) - Modelo de negocio: asociaciones clave

Asociaciones comerciales locales y regionales

Finwise Bancorp mantiene asociaciones con las siguientes asociaciones comerciales:

Asociación	Tipo de asociación	Año establecido
Asociación de Banqueros de Utah	Regulatory y redes	2018
Administración de Pequeñas Empresas (SBA)	Red de préstamos	2016

Proveedores de servicios de tecnología para software bancario

Las asociaciones de tecnología clave incluyen:

• Jack Henry & Asociados - Plataforma bancaria central
• FISERV - Soluciones de procesamiento de pagos
• Temenos - Tecnología de banca digital

Empresas fintech para soluciones de banca digital

Finwise colabora con los siguientes socios fintech:

Socio de fintech	Servicio proporcionado	Valor de asociación
Marqeta	Emisión de tarjeta bancaria integrada	Contrato anual de $ 5.2 millones
Green Dot Corporation	Plataforma de banca como servicio	$ 3.7 millones de asociación anual

Socios de redes hipotecarias y de préstamos

Asociaciones de redes de préstamo:

• Lending Club - Plataforma de préstamos en línea
• Cross River Bank - Red de préstamos alternativos
• Avant - Soluciones de préstamos digitales

Procesamiento de pagos y proveedores de servicios financieros

Asociaciones de pago y servicio financiero:

Proveedor	Tipo de servicio	Volumen de transacción
Raya	Procesamiento de pagos en línea	$ 127 millones de transacciones anuales
Visa	Servicios de red de tarjetas	$ 89 millones de pagos procesados

Finwise Bancorp (FINW) - Modelo de negocio: actividades clave

Servicios de banca comercial y de consumo

A partir del cuarto trimestre de 2023, Finwise Bancorp informó activos totales de $ 1.47 mil millones. Los servicios de banca comercial y de consumo del banco generaron ingresos por intereses netos de $ 47.3 millones para el año fiscal 2023.

Categoría de servicio bancario	Volumen total (2023)
Préstamos comerciales	$ 892.4 millones
Préstamos al consumo	$ 412.6 millones
Depósitos totales	$ 1.32 mil millones

Préstamos y apoyo para pequeñas empresas

Finwise se especializa en préstamos para pequeñas empresas con un enfoque en segmentos de mercado específicos.

• Portafolio de préstamos para pequeñas empresas: $ 276.8 millones
• Tamaño promedio del préstamo: $ 124,500
• Número de préstamos activos de pequeñas empresas: 2,221

Gestión de la plataforma de banca digital

Finwise invirtió $ 3.2 millones en infraestructura de tecnología de banca digital en 2023.

Métrica de plataforma digital	2023 rendimiento
Usuarios de banca móvil	58,400
Volumen de transacciones en línea	1,4 millones de transacciones
Ingresos bancarios digitales	$ 12.6 millones

Originación de préstamo y suscripción

Finwise procesado 4.567 solicitudes de préstamos en 2023 con un volumen de origen total de $ 1.1 mil millones.

• Tasa de aprobación del préstamo: 62.3%
• Tiempo de procesamiento promedio: 7.4 días
• Tamaño del equipo de suscripción: 87 profesionales

Desarrollo de productos de depósito e inversión

El banco ofrece diversos productos de depósito e inversión con activos administrados totales de $ 1.65 mil millones en 2023.

Categoría de productos	Activos totales	Rendimiento promedio
Cuentas de ahorro	$ 612 millones	2.35%
Certificados de depósito	$ 418 millones	3.75%
Cuentas del mercado monetario	$ 276 millones	2.85%

Finwise Bancorp (FINW) - Modelo de negocio: recursos clave

Infraestructura de tecnología bancaria

Finwise Bancorp informó inversiones tecnológicas totales de $ 3.7 millones en 2023. La infraestructura de sistemas bancarios centrales incluye:

• Plataforma bancaria central basada en la nube
• Sistemas avanzados de ciberseguridad
• Pila de tecnología de banca digital

Categoría de tecnología	Monto de la inversión	Porcentaje del presupuesto total de TI
Sistemas bancarios centrales	$ 1.8 millones	48.6%
Infraestructura de ciberseguridad	$ 1.2 millones	32.4%
Plataformas de banca digital	$700,000	18.9%

Equipo experimentado de gestión financiera

Composición del equipo ejecutivo de Finwise Bancorp a partir de 2024:

• Experiencia ejecutiva promedio: 22 años
• 5 Altos ejecutivos con tenencia bancaria durante 15 años
• 100% con certificaciones financieras avanzadas

Reservas de capital fuertes

Reservas de capital y métricas financieras:

Métrico de capital	Cantidad	Requisito regulatorio
Relación de capital de nivel 1	12.4%	10.5%
Reservas de capital total	$ 87.6 millones	N / A
Activos ponderados por el riesgo	$ 702 millones	N / A

Base de datos de clientes y red de relaciones

Estadísticas de la base de datos de clientes:

• Cuentas de clientes activas totales: 42,670
• Usuarios de banca digital: 31,500
• Valor promedio de la relación con el cliente: $ 14,230

Sistemas de cumplimiento regulatorio y gestión de riesgos

Inversiones de infraestructura de cumplimiento:

Área de cumplimiento	Inversión anual	Calificación de cumplimiento
Monitoreo regulatorio	$960,000	Excelente
Tecnología de gestión de riesgos	$720,000	Fuerte
Sistemas anti-lavado de dinero	$480,000	Obediente

Finwise Bancorp (FINW) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para pequeñas empresas

A partir del cuarto trimestre de 2023, Finwise Bancorp informó $ 1.07 mil millones en activos totales, con un enfoque específico en soluciones bancarias de pequeñas empresas. El banco ofrece servicios financieros personalizados dirigidos a segmentos de pequeñas empresas.

Categoría de servicio bancario	Volumen de préstamo	Tamaño promedio del préstamo
Préstamos para pequeñas empresas	$ 287.5 millones	$124,000
Préstamos de la SBA	$ 156.3 millones	$375,000

Enfoque de préstamos flexibles y receptivos

Finwise demuestra flexibilidad de préstamos con las siguientes características:

• Tasa de aprobación de préstamos para pequeñas empresas: 68%
• Tiempo promedio de procesamiento de préstamos: 5-7 días hábiles
• Turno de decisión del préstamo: dentro de las 24-48 horas

Tecnologías de banca digital avanzadas

Función de banca digital	Tasa de adopción de usuarios	Volumen de transacción
Banca móvil	62%	1,2 millones de transacciones mensuales
Administración de cuentas en línea	55%	890,000 interacciones mensuales

Tasas de interés competitivas y productos financieros

Tasas de interés y ofertas de productos a partir de enero de 2024:

• Tasa de interés de comprobación de negocios: 0.75%
• Tasa de interés de ahorro comercial: 1.25%
• Tasa de crédito de pequeña empresa: 7.5% - 12.5%

Experiencia en el mercado local y servicio centrado en la comunidad

Presencia geográfica	Número de ramas	Inversión comunitaria
Mercado primario de Utah	12 ramas	$ 4.3 millones
Expansión regional	6 ubicaciones adicionales	$ 1.7 millones

Finwise Bancorp (FINW) - Modelo de negocios: relaciones con los clientes

Servicio al cliente personalizado

A partir del cuarto trimestre de 2023, Finwise Bancorp informó 48,372 cuentas de clientes totales con un enfoque en soluciones bancarias personalizadas.

Canal de servicio al cliente	Tiempo de respuesta promedio	Tasa de satisfacción del cliente
Soporte telefónico	12 minutos	87%
Chat en línea	8 minutos	92%
Soporte por correo electrónico	24 horas	79%

Compromiso de la plataforma de banca digital

Métricas de uso de la plataforma digital para 2023:

• Descargas de aplicaciones de banca móvil: 22,145
• Usuarios de banca digital activo: 35,672
• Volumen de transacciones en línea: 1.2 millones de transacciones

Modelo de banca de relación

El enfoque de banca de relación de Finwise Bancorp se centra en:

• Valor promedio de relación con el cliente: $47,300
• Relación de venta cruzada: 2.3 productos por cliente
• Tasa de retención de clientes: 84%

Servicios de asesoramiento financiero proactivo

Tipo de servicio de asesoramiento	Número de clientes atendidos	Tarifa de asesoramiento promedio
Planificación financiera personal	3,245	$ 750/año
Consulta bancaria de negocios	1,872	$ 1,200/año
Aviso de inversión	2,567	$ 1,500/año

Soporte regular de comunicación y gestión de cuentas

Métricas de comunicación para 2023:

• Estados de cuenta mensuales enviados: 48,372
• Revisiones financieras trimestrales realizadas: 22,145
• Check-Ins anuales: 35,672

Finwise Bancorp (FINW) - Modelo de negocio: canales

Plataforma bancaria en línea

A partir de 2024, la plataforma bancaria en línea de Finwise Bancorp admite 42,687 usuarios digitales activos. La plataforma procesa un promedio de 137,456 transacciones mensuales con un volumen total de transacciones digitales de $ 214.3 millones anuales.

Métricas de plataforma digital	2024 datos
Usuarios digitales activos	42,687
Transacciones mensuales	137,456
Volumen anual de transacción digital	$ 214.3 millones

Aplicación de banca móvil

La aplicación móvil Finwise tiene 28,345 usuarios activos mensuales con una calificación de 4.6/5 App Store. La aplicación admite:

• Verificación de saldo en tiempo real
• Depósitos de verificación móvil
• Transferencias de fondos
• Servicios de pago de facturas

Ubicaciones de ramas físicas

Finwise opera 17 ubicaciones de sucursales físicas en Utah, con una pisada diaria promedio de clientes de 124 clientes por rama.

Detalles de la rama	2024 métricas
Ubicaciones de sucursales totales	17
Tráfico diario promedio de clientes	124 clientes/rama

Centro de llamadas de servicio al cliente

El centro de llamadas maneja 6,752 interacciones de los clientes mensualmente, con un tiempo de respuesta promedio de 3.2 minutos y una tasa de satisfacción del cliente del 92.4%.

Redes de asesores financieros de terceros

Finwise colabora con 43 firmas de asesoramiento financiero independiente, generando $ 37.6 millones en ingresos por referencia y asociación en 2024.

Estadísticas de red de socios	2024 datos
Socios asesores financieros independientes	43
Ingresos de la asociación	$ 37.6 millones

Finwise Bancorp (FINW) - Modelo de negocio: segmentos de clientes

Empresas pequeñas a medianas

Finwise Bancorp se dirige a empresas pequeñas a medianas con ingresos anuales entre $ 500,000 y $ 10 millones. A partir del cuarto trimestre de 2023, el Banco informó que sirvieron a aproximadamente 1,247 clientes de banca comercial.

Segmento de negocios	Número de clientes	Tamaño promedio del préstamo
Negocios minoristas	412	$375,000
Servicios profesionales	315	$425,000
Fabricación	218	$612,000

Empresarios de la comunidad local

Finwise Bancorp se centra en apoyar a los empresarios locales, con el 73% de su cartera de préstamos comerciales concentrados en Utah y los estados vecinos.

• Préstamos totales de emprendedor local en 2023: $ 87.4 millones
• Término promedio del préstamo: 5.2 años
• Tasa de aprobación de préstamos para empresarios locales: 62%

Consumidores individuales en regiones geográficas objetivo

El banco atiende a consumidores individuales principalmente en Utah, con presencia en expansión en los estados occidentales circundantes.

Estado	Clientes bancarios de consumo	Saldo de cuenta promedio
Utah	18,642	$24,500
Idaho	3,215	$19,800
Nevada	2,103	$22,300

Proveedores de servicios profesionales

Finwise Bancorp tiene soluciones bancarias especializadas para proveedores de servicios profesionales.

• Cuentas de proveedores de servicios profesionales totales: 876
• Cuentas corrientes de negocios especializadas: 512
• Tamaño promedio del préstamo de servicio profesional: $ 287,000

Startup y empresas comerciales emergentes

El banco tiene programas dedicados para empresas de inicio y emergencia, con un enfoque en tecnología y sectores innovadores.

Segmento de inicio	Número de clientes	Financiación total proporcionada
Startups tecnológicas	124	$ 42.6 millones
Innovación de la salud	87	$ 31.2 millones
Fintech Enterprises	56	$ 22.8 millones

Finwise Bancorp (FINW) - Modelo de negocio: Estructura de costos

Mantenimiento de la infraestructura tecnológica

Para el año fiscal 2023, Finwise Bancorp informó tecnología y gastos de procesamiento de datos de $ 3.7 millones, lo que representa un aumento del 12.3% respecto al año anterior.

Categoría de costos tecnológicos	Gasto anual ($)
Sistemas bancarios centrales	1,450,000
Infraestructura de ciberseguridad	825,000
Servicios de computación en la nube	685,000
Licencia de software	540,000

Compensación y beneficios de los empleados

Los gastos totales de personal para Finwise Bancorp en 2023 fueron de $ 14.2 millones.

• SALARIOS: $ 10.6 millones
• Seguro de salud: $ 1.8 millones
• Beneficios de jubilación: $ 1.2 millones
• Otra compensación: $ 600,000

Gastos de cumplimiento regulatorio

Los costos relacionados con el cumplimiento totalizaron $ 2.1 millones en 2023, con un desglose de la siguiente manera:

Área de cumplimiento	Gasto anual ($)
Servicios legales y de consultoría	850,000
Auditoría e informes	625,000
Capacitación regulatoria	385,000
Software de cumplimiento	240,000

Costos de operación de sucursal

Los gastos totales relacionados con las sucursales para 2023 fueron de $ 5.3 millones.

• Alquiler y ocupación: $ 2.4 millones
• Utilidades: $ 680,000
• Mantenimiento: $ 1.2 millones
• Equipo de sucursal: $ 620,000
• Seguridad: $ 400,000

Gastos de marketing y adquisición de clientes

Los gastos de marketing para 2023 ascendieron a $ 1.9 millones.

Canal de marketing	Gasto anual ($)
Publicidad digital	725,000
Medios tradicionales	450,000
Marketing de contenidos	385,000
Programas de referencia de clientes	340,000

Finwise Bancorp (FINW) - Modelo de negocio: flujos de ingresos

Ingresos por intereses de las carteras de préstamos

Para el año fiscal 2023, Finwise Bancorp informó ingresos por intereses totales de $ 46.3 millones. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo total del préstamo	Ingresos por intereses
Préstamos comerciales	$ 187.4 millones	$ 22.1 millones
Préstamos al consumo	$ 95.6 millones	$ 15.2 millones
Préstamos para pequeñas empresas	$ 76.3 millones	$ 9.0 millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2023 totalizaron $ 8.7 millones, con la siguiente distribución:

• Tarifas de mantenimiento de la cuenta: $ 3.2 millones
• Tarifas de transacción: $ 2.5 millones
• Tarifas de sobregiro: $ 1.6 millones
• Otros servicios bancarios: $ 1.4 millones

Ingresos de la transacción bancaria digital

Los ingresos por transacciones bancarias digitales alcanzaron los $ 5.4 millones en 2023, con:

Servicio digital	Ganancia	Volumen de transacción
Banca móvil	$ 2.1 millones	1,2 millones de transacciones
Pago de factura en línea	$ 1.8 millones	890,000 transacciones
Servicios de pago digital	$ 1.5 millones	675,000 transacciones

Comisiones de productos de inversión

Las comisiones de productos de inversión para 2023 totalizaron $ 6.9 millones:

• Comisiones de fondos mutuos: $ 3.2 millones
• Tarifas de la cuenta de jubilación: $ 2.1 millones
• Servicios de gestión de patrimonio: $ 1.6 millones

Cargos de servicio bancario de pequeñas empresas

Los cargos de servicio bancario de pequeñas empresas ascendieron a $ 4.5 millones en 2023:

Categoría de servicio	Ganancia
Tarifas de cuenta comercial	$ 2.3 millones
Servicios comerciales	$ 1.5 millones
Soporte de préstamos comerciales	$ 0.7 millones

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.