FinWise Bank

FinWise Bank, a subsidiary of FinWise Bancorp (NASDAQ: FINW), is a community bank headquartered in Murray, Utah. Established in 2000, the bank operates a hybrid business model. It offers traditional banking services, including deposits and real estate loans, to its local community. Concurrently, it has a significant strategic program where it partners with financial technology (fintech) companies across the United States, acting as the chartering bank for their lending and payment products. This Banking-as-a-Service (BaaS) model allows FinWise to originate a high volume of consumer and small business loans on a national scale.