News Release Highlights

• FUTR and FinWise partnership began in March 2024, and in Summer 2024 completed the full FUTR customer base migration successfully. In addition to utilizing FinWise Bank's payment rails, FUTR is now assessing additional usage of the services provided by FinWise’s award-winning MoneyRails^TM platform, which helps facilitate payment and money movement needs.
• Since the migration of all customers, and with the help of FinWise, FUTR has surpassed 1,000,000 transactions and over USD$380 Million in consumer payments volume attracting millions of valuable consumer payment data points. 

The FUTR Corporation (TSXV: FTRC) (OTCQB: FTRCF) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce a major operational milestone, passing 1,000,000 transactions and USD$380 million in payment transaction volume using FinWise Bank’s payment rails.

The platform has processed more than $3 billion in payments for nearly 300,000 users through automated cash flow and loan management. Since March 2024, these transactions have leveraged FinWise Bank’s payment services, including multiple cost-efficient payment rails. FUTR also maintains monthly deposits at FinWise from transiting payments as part of the overall relationship.

As FUTR expands into new consumer markets and introduces the AI Agent App, it expects significant growth in transaction volume, processed dollars, and deposits on its banking partner platforms. With new partners and a deepening of the FinWise partnership, FUTR also anticipates greater payment automation. Leveraging FinWise’s efficient and cost-effective platform, FUTR earns convenience fees on transactions and basis points on transiting deposits.

“This milestone demonstrates consumers’ strong trust in FUTR to deliver real savings and convenience with our automated cash management platform coupled with smart payment rails,” said Mindy Bruns, Chief Business Officer at FUTR. “A major part of this value is access to solid infrastructure from FinWise. We’re preparing for substantial growth in users and features in the months ahead.”

“We appreciate that FUTR recognizes our vision and the value of our payments platforms,” stated Robert Keil, SVP and Chief Fintech Officer at FinWise Bank. “We are pleased with the customer migration and see a lot of value in FUTR’s consumer-focused services. This partnership with FUTR also gives FinWise the opportunity to generate lower-cost deposits.”

About The FUTR Corporation

FUTR’s AI Agent App is focused on putting money back in consumer’s wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to the Agent and allow Brands to leverage this data to improve personalization and customer acquisition. www.thefutrcorp.com

About FinWise Bank Corp.

FinWise provides Banking and Payments solutions to fintech brands. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. As part of Strategic Program Lending, FinWise also provides a Credit Enhanced Balance Sheet Program, which addresses the challenges that lending and card programs face diversifying their funding sources and managing capital efficiency.

In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth.

The Company is also expanding and diversifying its business model by incorporating Payments (MoneyRails ™) and BIN Sponsorship offerings. Through its compliance oversight and risk management-first culture, the Company is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company’s current expectations regarding future events. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. These statements are based on the Company’s expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company’s business. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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