FINW

FinWise Bancorp is a Utah-chartered bank holding company operating through its subsidiary FinWise Bank, which provides banking services and operates a Banking-as-a-Service (BaaS) platform. The company partners with fintech companies and other financial services providers to offer white-label lending products including consumer loans, credit cards, and point-of-sale financing. FinWise Bank acts as the issuing bank while partner companies handle customer acquisition, underwriting, and servicing using FinWise's banking charter and infrastructure. The company generates revenue through origination fees, servicing fees, and net interest income on loans held in portfolio. FinWise went public in 2022 and continues to expand its BaaS partnerships with technology-driven financial services companies.