Finwise Bancorp (FINW): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Descubra o plano estratégico por trás da abordagem inovadora do Finwise Bancorp ao setor bancário, onde soluções financeiras personalizadas atendem à tecnologia digital de ponta. Essa tela de modelo de negócios revela como uma instituição ágil e focada na comunidade transforma os paradigmas bancários tradicionais, alavancando plataformas digitais sofisticadas e serviços direcionados para capacitar pequenas empresas e empreendedores locais. De estratégias flexíveis de empréstimos a infraestrutura tecnológica avançada, o Finwise Bancorp demonstra um compromisso notável de reimaginar os serviços financeiros no cenário econômico dinâmico de hoje.

Finwise Bancorp (FINW) - Modelo de Negócios: Principais Parcerias

Associações comerciais locais e regionais

Finwise Bancorp mantém parcerias com as seguintes associações de negócios:

Associação	Tipo de parceria	Ano estabelecido
Associação de Banqueiros de Utah	Regulatório e Networking	2018
Administração de pequenas empresas (SBA)	Rede de empréstimos	2016

Provedores de serviços de tecnologia para software bancário

As principais parcerias tecnológicas incluem:

• Jack Henry & Associados - Plataforma Bancária Core
• Fiserv - soluções de processamento de pagamento
• Temenos - Tecnologia Bancária Digital

Empresas de fintech para soluções bancárias digitais

Finwise colabora com os seguintes parceiros da FinTech:

Fintech Partner	Serviço prestado	Valor da parceria
Marqeta	Emitir cartões bancários incorporados	Contrato anual de US $ 5,2 milhões
Green Dot Corporation	Plataforma bancária como serviço	Parceria anual de US $ 3,7 milhões

Parceiros de rede de hipotecas e empréstimos

Empréstimo de parcerias de rede:

• Clube de Empréstimos - Plataforma de Empréstimos Online
• Cross River Bank - Rede alternativa de empréstimos
• Avant - Soluções de empréstimos digitais

Processamento de pagamentos e fornecedores de serviços financeiros

Parcerias de pagamento e serviço financeiro:

Fornecedor	Tipo de serviço	Volume de transação
Listra	Processamento de pagamento on -line	Transações anuais de US $ 127 milhões
Visa	Serviços de rede de cartões	Pagamentos processados ​​de US $ 89 milhões

Finwise Bancorp (FINW) - Modelo de Negócios: Atividades -chave

Serviços bancários comerciais e de consumo

A partir do quarto trimestre de 2023, o Finwise Bancorp registrou ativos totais de US $ 1,47 bilhão. Os serviços bancários comerciais e de consumo do banco geraram receita de juros líquidos de US $ 47,3 milhões para o ano fiscal de 2023.

Categoria de serviço bancário	Volume total (2023)
Empréstimos comerciais	US $ 892,4 milhões
Empréstimos ao consumidor	US $ 412,6 milhões
Total de depósitos	US $ 1,32 bilhão

Empréstimos e suporte para pequenas empresas

A Finwise é especializada em empréstimos para pequenas empresas, com foco em segmentos de mercado específicos.

• Portfólio de empréstimos para pequenas empresas: US $ 276,8 milhões
• Tamanho médio do empréstimo: US $ 124.500
• Número de empréstimos para pequenas empresas ativas: 2.221

Gerenciamento de plataforma bancária digital

Finwise investiu US $ 3,2 milhões em infraestrutura de tecnologia bancária digital em 2023.

Métrica da plataforma digital	2023 desempenho
Usuários bancários móveis	58,400
Volume de transações online	1,4 milhão de transações
Receita bancária digital	US $ 12,6 milhões

Origem e subscrição de empréstimos

Finwise processado 4.567 pedidos de empréstimo Em 2023, com um volume total de originação de US $ 1,1 bilhão.

• Taxa de aprovação do empréstimo: 62,3%
• Tempo médio de processamento: 7,4 dias
• Tamanho da equipe de subscrição: 87 profissionais

Desenvolvimento de produtos de depósito e investimento

O banco oferece diversos produtos de depósito e investimento com ativos gerenciados totais de US $ 1,65 bilhão em 2023.

Categoria de produto	Total de ativos	Rendimento médio
Contas de poupança	US $ 612 milhões	2.35%
Certificados de depósito	US $ 418 milhões	3.75%
Contas do mercado monetário	US $ 276 milhões	2.85%

Finwise Bancorp (FINW) - Modelo de negócios: Recursos -chave

Infraestrutura de tecnologia bancária

A Finwise Bancorp registrou investimentos totais de tecnologia de US $ 3,7 milhões em 2023. A infraestrutura de sistemas bancários principais inclui:

• Plataforma bancária de núcleo baseada em nuvem
• Sistemas avançados de segurança cibernética
• Pilha de tecnologia bancário digital

Categoria de tecnologia	Valor do investimento	Porcentagem do orçamento total de TI
Sistemas bancários principais	US $ 1,8 milhão	48.6%
Infraestrutura de segurança cibernética	US $ 1,2 milhão	32.4%
Plataformas bancárias digitais	$700,000	18.9%

Equipe de gestão financeira experiente

Finwise Bancorp Executive Team Composition a partir de 2024:

• Experiência executiva média: 22 anos
• 5 executivos seniores com posse bancária em 15 anos
• 100% com certificações financeiras avançadas

Fortes reservas de capital

Reservas de capital e métricas financeiras:

Métrica de capital	Quantia	Requisito regulatório
Índice de capital de camada 1	12.4%	10.5%
Reservas de capital total	US $ 87,6 milhões	N / D
Ativos ponderados por risco	US $ 702 milhões	N / D

Banco de dados de clientes e rede de relacionamento

Estatísticas do banco de dados do cliente:

• Total de contas de clientes ativos: 42.670
• Usuários do Banco Digital: 31.500
• Valor médio do relacionamento do cliente: US $ 14.230

Sistemas de conformidade regulatória e gerenciamento de riscos

Investimentos de infraestrutura de conformidade:

Área de conformidade	Investimento anual	Classificação de conformidade
Monitoramento regulatório	$960,000	Excelente
Tecnologia de gerenciamento de riscos	$720,000	Forte
Sistemas de lavagem de dinheiro	$480,000	Compatível

Finwise Bancorp (FINW) - Modelo de Negócios: Proposições de Valor

Soluções bancárias personalizadas para pequenas empresas

No quarto trimestre 2023, o Finwise Bancorp registrou US $ 1,07 bilhão em ativos totais, com um foco específico em soluções bancárias de pequenas empresas. O banco fornece serviços financeiros personalizados direcionados a segmentos de pequenas empresas.

Categoria de serviço bancário	Volume de empréstimo	Tamanho médio do empréstimo
Empréstimos para pequenas empresas	US $ 287,5 milhões	$124,000
Empréstimos da SBA	US $ 156,3 milhões	$375,000

Abordagem de empréstimo flexível e responsiva

Finwise demonstra flexibilidade de empréstimos com as seguintes características:

• Taxa de aprovação de empréstimo para pequenas empresas: 68%
• Tempo médio de processamento de empréstimo: 5-7 dias úteis
• Decisão de empréstimo Recursão: dentro de 24-48 horas

Tecnologias bancárias digitais avançadas

Recurso bancário digital	Taxa de adoção do usuário	Volume de transação
Mobile Banking	62%	1,2 milhão de transações mensais
Gerenciamento de contas on -line	55%	890.000 interações mensais

Taxas de juros competitivas e produtos financeiros

Taxas de juros e ofertas de produtos em janeiro de 2024:

• Taxa de juros de verificação de negócios: 0,75%
• Taxa de juros de economia de negócios: 1,25%
• Linha de crédito para pequenas empresas: 7,5% - 12,5%

Experiência no mercado local e serviço focado na comunidade

Presença geográfica	Número de ramificações	Investimento comunitário
Mercado primário de Utah	12 ramos	US $ 4,3 milhões
Expansão regional	6 locais adicionais	US $ 1,7 milhão

Finwise Bancorp (FINW) - Modelo de Negócios: Relacionamentos do Cliente

Atendimento ao cliente personalizado

A partir do quarto trimestre de 2023, o Finwise Bancorp registrou 48.372 contas totais de clientes, com foco em soluções bancárias personalizadas.

Canal de atendimento ao cliente	Tempo médio de resposta	Taxa de satisfação do cliente
Suporte telefônico	12 minutos	87%
Chat online	8 minutos	92%
Suporte por e -mail	24 horas	79%

Engajamento da plataforma bancária digital

Métricas de uso da plataforma digital para 2023:

• Downloads de aplicativos bancários móveis: 22.145
• Usuários do Banco Digital Ativo: 35.672
• Volume de transações online: 1,2 milhão de transações

Modelo bancário de relacionamento

A abordagem bancária de relacionamento de Finwise Bancorp se concentra em:

• Valor médio do relacionamento do cliente: $47,300
• Taxa de venda cruzada: 2.3 Produtos por cliente
• Taxa de retenção de clientes: 84%

Serviços de consultoria financeira proativa

Tipo de serviço de consultoria	Número de clientes atendidos	Taxa de consultoria média
Planejamento financeiro pessoal	3,245	US $ 750/ano
Consulta Banking Banking	1,872	US $ 1.200/ano
Aviso de investimento	2,567	US $ 1.500/ano

Comunicação regular e suporte de gerenciamento de contas

Métricas de comunicação para 2023:

• Extratos mensais de conta enviados: 48,372
• Revisões financeiras trimestrais realizadas: 22,145
• Check-ins de relacionamento anual: 35,672

Finwise Bancorp (FINW) - Modelo de Negócios: Canais

Plataforma bancária online

A partir de 2024, a plataforma bancária on -line do Finwise Bancorp suporta 42.687 usuários digitais ativos. A plataforma processa uma média de 137.456 transações mensais com um volume total de transações digitais de US $ 214,3 milhões anualmente.

Métricas de plataforma digital	2024 dados
Usuários digitais ativos	42,687
Transações mensais	137,456
Volume anual de transação digital	US $ 214,3 milhões

Aplicativo bancário móvel

O Finwise Mobile Application possui 28.345 usuários ativos mensais com uma classificação de Store de App 4,6/5. O aplicativo suporta:

• Verificação do saldo em tempo real
• Depósitos de cheque móvel
• Transferências de fundos
• Serviços de pagamento da conta

Locais de ramificação física

A Finwise opera 17 locais de filiais físicas em Utah, com um número médio diário de 124 clientes por filial.

Detalhes da filial	2024 métricas
Locais totais de ramificação	17
Tráfego diário médio do cliente	124 clientes/filial

Atendimento ao cliente Call Center

O call center lida com 6.752 interações do cliente mensalmente, com um tempo médio de resposta de 3,2 minutos e uma taxa de satisfação do cliente de 92,4%.

Redes de consultores financeiros de terceiros

Finwise colabora com 43 empresas de consultoria financeira independentes, gerando US $ 37,6 milhões em receitas de referência e parceria em 2024.

Estatísticas de rede de parceiros	2024 dados
Parceiros de Consultoria Financeira Independente	43
Receita de parceria	US $ 37,6 milhões

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

Pequenas e médias empresas

A Finwise Bancorp tem como alvo pequenas e médias empresas com receitas anuais entre US $ 500.000 e US $ 10 milhões. A partir do quarto trimestre de 2023, o banco informou que atendia a aproximadamente 1.247 clientes bancários de negócios.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Negócios de varejo	412	$375,000
Serviços profissionais	315	$425,000
Fabricação	218	$612,000

Empresários da comunidade local

O Finwise Bancorp se concentra em apoiar empreendedores locais, com 73% de sua carteira de empréstimos comerciais concentrados em Utah e estados vizinhos.

• Empréstimos para empreendedores locais totais em 2023: US $ 87,4 milhões
• Termo médio de empréstimo: 5,2 anos
• Taxa de aprovação de empréstimos para empreendedores locais: 62%

Consumidores individuais em regiões geográficas -alvo

O banco atende consumidores individuais principalmente em Utah, com a presença em expansão nos estados ocidentais vizinhos.

Estado	Clientes bancários do consumidor	Saldo médio da conta
Utah	18,642	$24,500
Idaho	3,215	$19,800
Nevada	2,103	$22,300

Provedores de serviços profissionais

O Finwise Bancorp possui soluções bancárias especializadas para prestadores de serviços profissionais.

• Contas de prestador de serviços profissionais totais: 876
• Contas de verificação de negócios especializadas: 512
• Tamanho médio do empréstimo de serviço profissional: US $ 287.000

Startups e empresas de negócios emergentes

O banco possui programas dedicados para empresas de startups e emergentes, com foco em tecnologias e setores inovadores.

Segmento de inicialização	Número de clientes	Financiamento total fornecido
Startups de tecnologia	124	US $ 42,6 milhões
Inovação em saúde	87	US $ 31,2 milhões
Fintech Enterprises	56	US $ 22,8 milhões

Finwise Bancorp (FINW) - Modelo de Negócios: Estrutura de Custo

Manutenção de infraestrutura de tecnologia

Para o ano fiscal de 2023, o Finwise Bancorp registrou despesas com tecnologia e processamento de dados de US $ 3,7 milhões, representando um aumento de 12,3% em relação ao ano anterior.

Categoria de custo de tecnologia	Despesa anual ($)
Sistemas bancários principais	1,450,000
Infraestrutura de segurança cibernética	825,000
Serviços de computação em nuvem	685,000
Licenciamento de software	540,000

Compensação e benefícios dos funcionários

As despesas totais de pessoal para o Finwise Bancorp em 2023 foram de US $ 14,2 milhões.

• Salários: US $ 10,6 milhões
• Seguro de Saúde: US $ 1,8 milhão
• Benefícios de aposentadoria: US $ 1,2 milhão
• Outra compensação: US $ 600.000

Despesas de conformidade regulatória

Os custos relacionados à conformidade totalizaram US $ 2,1 milhões em 2023, com um colapso da seguinte maneira:

Área de conformidade	Despesa anual ($)
Serviços legais e de consultoria	850,000
Auditoria e relatórios	625,000
Treinamento regulatório	385,000
Software de conformidade	240,000

Custos de operação da filial

As despesas totais relacionadas à filial em 2023 foram de US $ 5,3 milhões.

• Aluguel e ocupação: US $ 2,4 milhões
• Utilitários: US $ 680.000
• Manutenção: US $ 1,2 milhão
• Equipamento da filial: US $ 620.000
• Segurança: US $ 400.000

Despesas de marketing e aquisição de clientes

As despesas de marketing para 2023 totalizaram US $ 1,9 milhão.

Canal de marketing	Despesa anual ($)
Publicidade digital	725,000
Mídia tradicional	450,000
Marketing de conteúdo	385,000
Programas de referência ao cliente	340,000

Finwise Bancorp (FINW) - Modelo de negócios: fluxos de receita

Receita de juros de carteiras de empréstimos

Para o ano fiscal de 2023, o Finwise Bancorp registrou receita total de juros de US $ 46,3 milhões. A quebra da carteira de empréstimos inclui:

Categoria de empréstimo	Saldo total de empréstimo	Receita de juros
Empréstimos comerciais	US $ 187,4 milhões	US $ 22,1 milhões
Empréstimos ao consumidor	US $ 95,6 milhões	US $ 15,2 milhões
Empréstimos para pequenas empresas	US $ 76,3 milhões	US $ 9,0 milhões

Taxas de serviço bancário

As taxas de serviço bancário para 2023 totalizaram US $ 8,7 milhões, com a seguinte distribuição:

• Taxas de manutenção de conta: US $ 3,2 milhões
• Taxas de transação: US $ 2,5 milhões
• Taxas de cheque especial: US $ 1,6 milhão
• Outros serviços bancários: US $ 1,4 milhão

Receita de transação bancária digital

As receitas de transações bancárias digitais atingiram US $ 5,4 milhões em 2023, com:

Serviço digital	Receita	Volume de transação
Mobile Banking	US $ 2,1 milhões	1,2 milhão de transações
Pagamento on -line	US $ 1,8 milhão	890.000 transações
Serviços de pagamento digital	US $ 1,5 milhão	675.000 transações

Comissões de produtos de investimento

As comissões de produtos de investimento para 2023 totalizaram US $ 6,9 milhões:

• Comissões de fundos mútuos: US $ 3,2 milhões
• Taxas de conta de aposentadoria: US $ 2,1 milhões
• Serviços de gerenciamento de patrimônio: US $ 1,6 milhão

Cobranças de serviço bancário de pequenas empresas

As cobranças de serviços bancários de pequenas empresas totalizaram US $ 4,5 milhões em 2023:

Categoria de serviço	Receita
Taxas de conta comercial	US $ 2,3 milhões
Serviços comerciais	US $ 1,5 milhão
Suporte de empréstimos para negócios	US $ 0,7 milhão

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.