# Finwise Bancorp (FINW) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_a2883d9b14934c14f47e · retrieved 2026-08-11T16:11:12.726Z

## Overview
FinWise Bancorp is a Utah bank holding company that provides banking and payments solutions to fintech brands through strategic program lending, credit-enhanced lending, traditional lending (SBA 7(a), residential and owner-occupied commercial real estate, equipment leasing), and payments services (MoneyRails and BIN sponsorship).

On July 20, 2026, FinWise Bancorp acquired the technology platform and related assets of Tallied Technologies, Inc., which has powered the Bank's co-branded credit card programs. The acquisition enables FinWise to own its card technology stack end-to-end, from application through issuing, processing, and servicing. FinWise expects integration and transition costs of approximately $4.0 million in total over the next year, excluding amortization of acquired assets, with costs tapering over the period. Following the transaction, credit card receivables will be reclassified from credit enhancement assets to credit card loan receivables beginning in the third quarter of 2026, as FinWise retains the credit risk while capturing additional interchange and fees.

## Terms
- Counterparty: Tallied Technologies, Inc.

## Key dates
- Announced 2026-07-29

## Timeline
- 2026-07-29 · 8-K (0001856365-26-000093): 8-K - Finwise Bancorp — *FinWise Bancorp is a Utah bank holding company that provides banking and payments solutions to fintech brands through strategic program lending, credit-enhanced lending, traditional lending (SBA 7(a), residential and owner-occupied commercial real estate, equipment leasing), and payments services (MoneyRails and BIN sponsorship).* On July 20, 2026, FinWise Bancorp acquired the technology platform and related assets of Tallied Technologies, Inc., which has powered the Bank's co-branded credit card programs. The acquisition enables FinWise to own its card technology stack end-to-end, from application through issuing, processing, and servicing. FinWise expects integration and transition costs of approximately $4.0 million in total over the next year, excluding amortization of acquired assets, with costs tapering over the period. Following the transaction, credit card receivables will be reclassified from credit enhancement assets to credit card loan receivables beginning in the third quarter of 2026, as FinWise retains the credit risk while capturing additional interchange and fees.
  https://www.sec.gov/Archives/edgar/data/1856365/0001856365-26-000093.txt

## Citations
- 0001856365-26-000093 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000185636526000093