Slide 1: Fintech Banking and Payments Solutions Investor Presentation
\7 FINWISE BANCORP Fintech Banking and Payments Solutions Investor Presentation July 2026
Slide 2: Disclaimers
Disclaimers "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995 This presentation may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect
Slide 3: Second Quarter 2026 Highlights
Second Quarter 2026 Highlights 3 *FinWise Bancorp began trading under the symbol "FINW" on the NASDAQ exchange on 11/19/21.
Slide 4: Quarterly Results
Quarterly Results As of and for the Three Months Ended 6/30/2026 3/31/2026 6/30/2025 Income Statement Data ($ in thousands) Net interest income $ 28,749 $ 28,090 $ 14,728 Total non-interest income 25,594 14,627 10,337 Total operating revenue 54,343 42,717 25,065 Provision for credit losses (Core Por
Slide 5: FinWise Overview
FinWise Overview Differentiated Business Model Key Products • Resilient and profitable model with compelling • Banking and Payments Solutions for Fintechs: growth opportunities • Strategic Program Lending. Through our scalable • Compliance oversight and risk management culture API-driven infrastruct
Slide 6: A Proven Growth Story
A Proven Growth Story 6 Note: Bank-level regulatory data used for Total Assets from 2010 - 2017 and is publicly available per FinWise Bank call reports (https://cdr.ffiec.gov/public/ManageFacsimiles.aspx) and through S&P Global Market Intelligence. *Data shown on an annual basis; more recent quarter
Slide 7: Our Culture - Strong Compliance and Risk Management
Our Culture - Strong Compliance and Risk Management Consistent Investment in Personnel & Infrastructure Provides Regulatory Oversight Support to Fintechs 73 (or 35%) of our 206 FTEs at the end of 2Q26 are in IT, Compliance, Risk Mgmt., and BSA/AML functions 7 Note: FTEs shown as of the end of each r
Slide 8: Revenue Contribution by Product
Revenue Contribution by Product Differentiated and Proven Strategy Offers Solid Foundation for Future Growth TRADITIONAL LENDING PRODUCTS Fintech Banking & Residential & Owner Equipment Leasing Payments Solutions SBA 7(a) Programs Occupied CRE 2Q26 Gross Revenue Contribution1 52.6% 6.1% 4.9% 3.5% Ba
Slide 9: Strategic Program Lending Overview: Roles of the Bank and Fintech
Strategic Program Lending Overview: Roles of the Bank and Fintech Loan Applications and Approvals Adhere to Credit Models Established by FinWise 9
Slide 10: Strategic Program Lending - Program Diversification Has Improved
Strategic Program Lending - Program Diversification Has Improved 10 Note: Strategic Program Lending concentration shown since 1Q22 to highlight longer-term pattern in recent years
Slide 11: Select Fintech Brands We Currently Support
Select Fintech Brands We Currently Support Growth Opportunity With Existing Fintechs And As New Programs Are Onboarded Subsequent to 2Q26 quarter-end, we signed a new strategic partnership, and we expect to share the partner's name in the coming quarters. This is a well-established prepaid card prov
Slide 12: Fintech Sales Pipeline
Fintech Sales Pipeline Attractive Revenue Potential1 12 1 Pipeline reflects prospective partner opportunities at various stages of discussion and is not a guarantee of future business. There can be no assurance that any or all of these opportunities will result in signed agreements or generate reven
Slide 13: Growth Strategy: A Broader Fintech Solutions Offering
Growth Strategy: A Broader Fintech Solutions Offering Strategic Program Strategic Program Lending (SPL) + Credit Lending (SPL) Enhancement Equipment Financing Equipment Financing Payments (MoneyRails™) SBA 7(a)1 BIN Sponsorship SBA 7(a)1 1 13 SBA 7(a) includes Guaranteed and Unguaranteed loans; Guar
Slide 14: Growth Strategy: Potential Long-term Benefits from Broader Fintech Solutions Offering
Growth Strategy: Potential Long-term Benefits from Broader Fintech Solutions Offering Revenue Deposits Credit Quality Profitability Expand and diversify Diversify deposit Increase Prime loan Enhance profitability sources of revenue composition and exposure and oper. leverage via reduce cost of funds
Slide 15: Credit Enhanced Lending - A Lower Risk Product
Credit Enhanced Lending - A Lower Risk Product 1 15 The fintech partner refers the borrower through joint marketing efforts, and FinWise originates the loan.
Slide 16: MoneyRails Overview and Map of Services
MoneyRails Overview and Map of Services TM MoneyRailsTM is an Award Winning, Proprietary, Centralized, Secure Platform and Ledger that Facilitates Money Movement • Highly secured platform built on ZeroTrust architecture, and based on an immutable ledger of transactions • The Ledger provides a strong
Slide 17: A Deeper Dive Into Our Diversified Revenue Model
A Deeper Dive Into Our Diversified Revenue Model Type of Revenue Generated by Product Fee Income Net Interest Interest Income (NII) Income • On loans held for a few days before sold and on Strategic Program Lending to • Monthly fee driven by originated loan volume extended held for sale loans Fintec
Slide 18: Components of Model Enable Scaling and Regulatory Oversight
Components of Model Enable Scaling and Regulatory Oversight Product: Our Technology: 1) Strategic Program Lending Credit Engine Lending programs, including closed • Verify borrower information and open-ended consumer and API • Validate loans to models and commercial underwriting criteria, and origin
Slide 19: Intensive Due-Diligence Process and Compliance Assessment
Intensive Due-Diligence Process and Compliance Assessment Representative Fintech Onboarding - a Thorough Selection Process Including: 19
Slide 20: Disciplined Underwriting Process Mitigates Risk...
Disciplined Underwriting Process Mitigates Risk... • Credit risk is actively managed through combination of policy, data and pricing • Disciplined underwriting process and well collateralized portfolio has helped mitigate net charge-offs, even as credit quality normalized due to an elevated interest
Slide 21: ...and Leads to a Diversified and Lower Risk Loan Portfolio
...and Leads to a Diversified and Lower Risk Loan Portfolio Key Quarterly Trends: • Combined SBA Guaranteed, Strategic Program Loans Held-for-Sale (HFS) and Strategic Programs (HFI) with Credit Enhancement comprised a total of 49% of the portfolio as of 2Q26. ◦ These products carry lower credit risk
Slide 22: Deposit Composition
Deposit Composition Total Period End Deposits: $693.8 Million (as of June 30, 2026) Opportunity to enhance profitability by gradually diversifying deposit composition away from higher-cost CDs and reducing cost of funds 22 Note: Deposits declined Q/Q as excess funds were not required to support a lo
Slide 23: Selected Financial Information
Selected Financial Information 23
Slide 24: Consistent TBV Growth Ahead of Peers
Consistent TBV Growth Ahead of Peers Indexed Change in Total TBV Since FINW IPO (Q421)1 Tangible Book Value (TBV) Per Share (Non-GAAP) 1 vs Select Bank2 and Fintech Peers3 1 See Appendix at end of presentation for full description of metric and Non-GAAP reconciliation. Amounts are as of the end of e
Slide 25: Solid Originations and Balance Sheet Growth
Solid Originations and Balance Sheet Growth 1 25 Originations will reflect seasonality from our largest student lending partner during peak student borrowing months. 2HFI = Held for Investment. Note: Total Loan Originations are for the quarterly period. Other amounts are as of the end of each respec
Slide 26: Tangible Book Value per share and Profitability Metrics
Tangible Book Value per share and Profitability Metrics 2Q26 Net Income and profitability metrics impacted by higher-than- anticipated credit provisions in our non-credit-enhanced portfolio. We also adopted more conservative servicing and administrative standards, which accelerated the recognition o
Slide 27: Diversified Income Sources
Diversified Income Sources Net Interest Income and Net Interest Margin (NIM) are impacted by lending activities including growth in the Credit Enhanced portfolio 1 27 For accounting purposes, Credit Enhancement Income is fully offset by a corresponding credit loss provision related to credit enhance
Slide 28: Disciplined Expense Management (adjusting for Credit Enhancement Expense)
Disciplined Expense Management (adjusting for Credit Enhancement Expense) Increase in total non-interest expense in 2Q26 and 1Q26 mostly due to increases in Credit Enhancement Servicing and Guarantee Expense resulting from growth in credit enhanced loans. Outlook Commentary: Remain focused on positi
Slide 29: Well Capitalized Above Regulatory Requirements
Well Capitalized Above Regulatory Requirements Capital levels remain well above the recently lowered well-capitalized regulatory requirement of 8%1, pursuant to the Community Bank Leverage Ratio (CBLR) framework adopted by the Bank in 2020. 29 Note: data as of the end of each respective period. 1On
Slide 30: Appendix
\7 FINWISE BANCORP Appendix
Slide 31: Non-GAAP Reconciliations
Non-GAAP Reconciliations Tangible Shareholders' Equity and Tangible Book Value Per Share As of ($ in thousands, except per share amounts) June 30, 2026 March 31, 2026 June 30, 2025 Total shareholders' equity $ 199,191 $ 196,607 $ 181,959 Goodwill — — — Other intangibles — — — Less: total intangible
Slide 32: Non-GAAP Reconciliations (continued)
Non-GAAP Reconciliations (continued) Adjusted Efficiency Ratio For the Three Month Period Ending ($ in thousands) June 30, 2026 March 31, 2026 June 30, 2025 Non-interest expense (GAAP) $ 28,862 $ 28,338 $ 14,912 Less: credit enhancement program expenses 13,286 12,526 89 Adjusted non-interest expense
Slide 33: Glossary of Terms Used
Glossary of Terms Used ACH (The Automated Clearing House). Electronic funds-transfer system that facilitates payments in the U.S. and internationally. The ACH is run by Nacha. API (Application Programming Interface). Set of defined rules that enable different applications to communicate with each ot