FinWise Bancorp partners with Tallied Technologies to launch co-branded Mastercard credit card programs for fintechs and businesses.
Quiver AI Summary
FinWise Bancorp has announced a partnership with Tallied Technologies to deliver credit card products and processing solutions to fintechs and their customers. Through a new agreement, the companies plan to launch two Mastercard co-branded credit card programs in November 2025: a Consumer Rewards World Elite Mastercard and a Business Rewards World Elite Mastercard. Tallied will manage the card programs' processing and servicing, while FinWise will act as the issuing bank, providing compliance and risk management support. Both companies expressed enthusiasm for the partnership, highlighting its potential to expand FinWise's card business and enhance Tallied's offerings in the fintech space.
Potential Positives
- FinWise Bancorp has partnered with Tallied Technologies to launch credit card products, signaling a strategic expansion into the fintech sector and enhancing its product offerings.
- The upcoming launch of two Mastercard co-branded credit card programs demonstrates FinWise's commitment to innovation and diversification of its revenue through interest and fee-related income.
- This partnership underscores FinWise's strengths in compliance and risk management, positioning the company as a trusted player for fintechs and co-brand partners.
- The agreement enhances FinWise's capabilities to support a wide range of fintech customers, potentially increasing its market reach and customer base.
Potential Negatives
- FinWise appears to be heavily reliant on a partnership with a relatively new company, Tallied Technologies, which may raise concerns about the long-term stability and experience of the collaboration.
- The company is taking on additional risk and compliance responsibilities as the issuing bank for the credit card programs, which could expose it to regulatory issues and financial liabilities.
- The successful launch of the credit card programs is contingent on effective execution and market acceptance, which carry inherent risks that could negatively impact FinWise's reputation and financial performance if not managed properly.
FAQ
What is the agreement between FinWise Bancorp and Tallied Technologies?
FinWise Bancorp and Tallied Technologies have partnered to deliver credit card products and processing solutions for fintechs and their customers.
When will the credit card programs launch?
The Mastercard co-branded credit card programs are set to launch in November 2025.
What types of credit cards will be offered?
The Card Programs will include a Consumer Rewards World Elite Mastercard and a Business Rewards World Elite Mastercard.
What role will FinWise play in the Card Programs?
FinWise will serve as the issuing bank, providing compliance oversight, risk management, and balance sheet support for the Card Programs.
How does Tallied support credit card programs?
Tallied offers an API-first platform that supports the entire credit card value chain, including issuance, processing, and rewards management.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FINW Insider Trading Activity
$FINW insiders have traded $FINW stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FINW stock by insiders over the last 6 months:
- JAMES N GIORDANO purchased 2,500 shares for an estimated $48,300
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$FINW Hedge Fund Activity
We have seen 35 institutional investors add shares of $FINW stock to their portfolio, and 18 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 281,777 shares (+476.9%) to their portfolio in Q2 2025, for an estimated $4,229,472
- MILLENNIUM MANAGEMENT LLC removed 171,647 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $2,576,421
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 130,629 shares (-68.3%) from their portfolio in Q2 2025, for an estimated $1,960,741
- GEODE CAPITAL MANAGEMENT, LLC added 106,683 shares (+109.3%) to their portfolio in Q2 2025, for an estimated $1,601,311
- US BANCORP \DE\ added 78,000 shares (+22.2%) to their portfolio in Q2 2025, for an estimated $1,170,780
- VANGUARD GROUP INC added 63,642 shares (+15.1%) to their portfolio in Q2 2025, for an estimated $955,266
- STATE STREET CORP added 54,263 shares (+308.0%) to their portfolio in Q2 2025, for an estimated $814,487
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Full Release
MURRAY, Utah, Oct. 27, 2025 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank (the “Bank”), today announced that it has entered into program management, network issuer processor and servicer agreement with Tallied Technologies, Inc. (“Tallied”) by which the parties intend to deliver credit card products and card processing solutions to Fintechs, their businesses, and their customers. Tallied, through its cloud-native and API-first platform, has the ability to support a broad range of the credit card value chain players by providing end-to-end infrastructure for building, launching and scaling consumer and corporate credit card programs, including physical, digital and virtual cards.
As part of the agreement, in November 2025, FinWise and Tallied plan to launch two Mastercard co-branded credit card programs, a Consumer Rewards World Elite Mastercard program and a Business Rewards World Elite Mastercard program, each of which will feature a customized cardholder rewards program 1 (the “Card Programs”).
In its role as program manager for the Card Programs, Tallied will manage the processing, portfolio management, servicing, marketing, and balance sheet elements of the Card Programs. FinWise will serve as the issuing bank, provide compliance and risk management oversight and Credit Enhanced balance sheet support for the Card Programs.
Robert Keil, EVP and Chief Fintech Officer of FinWise commented, "We are thrilled that Tallied chose FinWise to augment its rapid growth in business and credit cards programs, and we look forward to supporting a wide range of co-brand partners and Fintech platforms through the partnership. The trust that Tallied has placed in FinWise is a testament to the strength of the FinWise compliance process and multi-product offering. This partnership is also consistent with our commitment to expand our cards sponsor business and to diversify our revenue through interest and fee-related income.”
“We are excited to partner with FinWise Bank, a leader in compliance oversight and risk management for fintechs with a strong commitment to enabling and empowering Fintech platforms and co-brand partners with market leading credit solutions,” said Sunil Singh, Founder and CEO of Tallied. Singh added, “This collaboration not only strengthens our ability to deliver seamless and best in class card experiences but also ensures that Tallied is well positioned for long-term growth in serving fintechs and commerce players with modern consumer, business and embedded credit card products.”
About Tallied
Tallied is a fintech infrastructure company founded in 2022 that provides a cloud-native, API-first credit card issuance-processing and program management platform to help brands, fintechs, and financial institutions build, launch, and scale modern consumer and corporate credit card programs. Its unified platform supports the entire credit card value chain, from application processing, underwriting, AI enabled cardholder servicing, to rewards and loyalty management, all delivered through a developer-friendly API stack with a strong focus on driving operational efficiency and fraud control.
About FinWise
FinWise
provides Banking and Payments solutions to fintech brands. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. As part of Strategic Program Lending, FinWise also provides a Credit Enhanced Balance Sheet Program, which addresses the challenges that lending and card programs face diversifying their funding sources and managing capital efficiency. In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth. The Company is also expanding and diversifying its business model by incorporating Payments (MoneyRails™) and BIN Sponsorship offerings. Through its compliance oversight and risk management-first culture, FinWise is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.
1 Consumer Rewards World Elite Mastercard and Business Rewards World Elite Mastercard are issued by FinWise Bank dba Cottonwood Payments pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Use of cards in the Card Programs is subject to the terms and conditions of the cardholder agreements.
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
www.mastercard.com
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