---
schema_version: "secwatch.filing_event.v1"
accession: "0001856365-24-000063"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:14:55.390578+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "medium"
source: SEC EDGAR
---

# FinWise Bancorp expands fintech offerings; signs 4 new lending programs in 2024

## Summary
- During 2024, signed four new Strategic Lending Programs, a Payments program, a credit card program, and a credit-enhanced balance sheet program.
- Launched Payments (MoneyRails) and BIN Sponsorship services under development; aims to diversify revenue and drive growth.
- 3Q24 non-interest expense included a one-time bonus accrual catch-up of ~$400,000; expects expense growth to decelerate in 4Q24.
- Early in 4Q24, began calling callable CDs and replacing with lower-rate wholesale funding to improve NIM.
- Portfolio mix shifted to lower risk: 46.0% SBA guaranteed and Strategic Program HFS as of 3Q24, up from 41.3% a year ago.

## SEC filing metadata
- accession: 0001856365-24-000063
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000185636524000063/0001856365-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000185636524000063/finw-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856365-24-000063
- JSON: https://secwatch.observer/filing/0001856365-24-000063.json
- Plain text: https://secwatch.observer/filing/0001856365-24-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.