Core Insights - FinWise Bancorp has entered a strategic program agreement with DreamFi, a fintech company focused on serving underserved communities through financial wellness initiatives [1][2] - The partnership aims to provide essential financial products and services, including a DreamFi Debit Card, checking accounts, and access to over 40,000 surcharge-free ATMs in the U.S. [2] - Both companies emphasize their commitment to improving financial access and literacy, aligning their missions to empower individuals and families [3][4] Company Overview - FinWise Bancorp provides banking and payments solutions to fintech brands, with a focus on scalable API-driven infrastructure for deposit, lending, and payments programs [5] - The company is expanding its business model to include Payments (MoneyRails™) and BIN Sponsorship offerings, enhancing its ability to support fintechs in regulatory compliance [5] DreamFi Overview - DreamFi, co-founded by civil rights attorney Ben Crump, aims to transform financial access and empower users to build financial stability and generational wealth [4] - The company plans to leverage mobile banking and financial literacy tools to help users take control of their financial futures [4]
FinWise Bancorp Announces Strategic Program Agreement with DreamFi, Inc. to Provide Financial Products that Empower Underbanked Communities to Build Financial Stability