FinWise completes acquisition of Tallied credit card platform for ~$4M integration costs

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  FinWise acquired Tallied's credit card technology platform and related assets, bringing card issuing, processing and servicing in-house to retain fees, interchange and interest income previously shared with third-party program manager.

  Exhibit 99.1 view on EDGAR →
• high

  ~$50M of credit card balances previously carrying credit enhancement will convert to standard balances on the Bank's balance sheet, with the Bank retaining full economics and associated credit exposure.

  Exhibit 99.1 view on EDGAR →
• medium

  Company expects ~$4M in integration and transition costs over the next year, weighted toward the next two quarters, funded with cash on hand with no material impact to capital ratios.

  Exhibit 99.1 view on EDGAR →