FinWise Bancorp Announces Agreement With DreamFi To Enhance Financial Services For Underserved, Underbanked Communities

FinWise Bancorp (NASDAQ: FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced a strategic program agreement with DreamFi, Inc. ("DreamFi"), a start-up financial technology company founded by renowned civil rights attorney Ben Crump in partnership with Business Funding Group, a leading provider of SBA loans. DreamFi's mission is to support the large demographic of underserved and underbanked communities by improving financial wellness through awareness, education, and practical tools. By combining mobile banking and payments infrastructure provided by the Bank, and financial literacy tools provided by DreamFi, the DreamFi program will help users take control of their financial futures.

As part of the initial rollout, FinWise and DreamFi will provide consumers with access to essential financial products and services designed to promote inclusion and financial empowerment. Initial offerings are expected to include but are not limited to a DreamFi Debit Card, a checking account, access to over 40,000 surcharge-free ATMs in the U.S¹, everyday savings on prescriptions, and built-in protections such as life insurance, phone protection, and roadside assistance. Over time, DreamFi and the Bank will also evaluate opportunities to expand the suite of products to potentially include consumer & business lending, short-term secured credit, bill pay, and savings accounts, further enhancing the program's ability to meet the evolving needs of its large and growing target customer base.