FinWise Bancorp Expands and Further Strengthens Board of Directors

Core Insights - FinWise Bancorp has expanded its Board of Directors by appointing Susan Ehrlich, effective immediately [1] - Ms. Ehrlich has over 25 years of experience in lending, banking, and payments, with a strong background in fintech and financial services [2] - The company is focusing on innovation in the fintech banking and payments industry, aiming to drive growth and create shareholder value [3] Company Overview - FinWise provides banking and payments solutions to fintech brands and is diversifying its business model in 2024 by launching Payments Hub and BIN Sponsorship offerings [4] - The company operates a Strategic Program Lending business through scalable API-driven infrastructure, supporting deposit, lending, and payments programs for leading fintech brands [5] - FinWise emphasizes compliance oversight and risk management to assist fintechs in navigating regulatory requirements [6]