FinWise Bancorp Appoints Jim Noone as Chief Executive Officer of FinWise Bank

Core Viewpoint - FinWise Bancorp has appointed Jim Noone as the new CEO of FinWise Bank, while Kent Landvatter continues as Chairman and CEO of FinWise Bancorp [1][2]. Group 1: Leadership Changes - Jim Noone has been with FinWise for seven years and has held various leadership roles, including President since March 2023 [2]. - Noone has over 20 years of experience in financial services, including commercial banking, investment banking, and private equity [2]. Group 2: Strategic Vision - Kent Landvatter expressed confidence in Noone's ability to manage day-to-day operations and work on the Bank's long-term strategy [3]. - Noone emphasized the importance of collaboration with employees, partners, and regulators to drive the next stage of growth for the Bank [3]. Group 3: Business Model and Offerings - FinWise provides Banking and Payments solutions to fintech brands and is diversifying its business model with Payments and BIN Sponsorship offerings [4]. - The company operates a Strategic Program Lending business that supports deposit, lending, and payments programs for fintech brands [4]. - FinWise also offers a Credit Enhancement Program and manages various lending programs, including SBA 7(a) and Owner Occupied Commercial Real Estate [4].