• FinWise Bancorp acquired Tallied’s credit card issuing and processing technology platform, bringing its card technology stack in-house end to end.
• Transaction funded with cash on hand; not expected to materially affect capital ratios.
• Integration and transition costs projected at about $4 million over the next year, front-loaded into the next two quarters.
• Roughly $50 million of credit card balances will shift to standard on-balance-sheet receivables, moving full economics and credit exposure to the bank.
• Prior guidance for about $217 million in credit-enhanced balances by end-2026 was withdrawn due to the structural change.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finwise Bancorp published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.