Latest news with #MindyBruns
Business Wire
2 days ago
- Business
- Business Wire
FUTR Surpasses 1,000,000 Transactions and USD$380 Million in Payments Volume With FinWise Bank
TORONTO--(BUSINESS WIRE)--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. 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.
National Post
10-07-2025
- Business
- National Post
Seasoned Payments Executive Mindy Bruns Joins as New Leadership for FUTR Payments as it Prepares for Integration into the FUTR AI Agent App
Article content FUTR Corporation appoints Mindy Bruns as Chief Business Officer of FUTR Payments Ms. Bruns will form new leadership for the successful FUTR Payments product in preparation for its integration into the FUTR AI Agent App Ms. Bruns will also expand existing FUTR Payments growth initiatives across all verticals Ms. Bruns brings 20 years of payments leadership experience across technology, digital payments and global finance at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International Article content TORONTO — The FUTR Corporation (TSXV: FTRC) ('FUTR' or the 'Company'), a consumer-centric platform for data valuation and monetization, is pleased to announce that Mindy Bruns has joined the team as Chief Business Officer to form a new leadership team for the FUTR Payments product (currently operating as Hank Payments) as it is integrated into the FUTR AI Agent App. Article content FUTR's AI Agent App is focused on putting money back in consumers' 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 Agents and allow Brands to leverage this data to improve offer personalization and reduce customer acquisition cost. Article content Ms. Bruns joins FUTR to continue the growth and expansion of the successful FUTR Payments product, launch its 2.0 Advanced Cash Management platform, and spearhead its integration into the broader FUTR AI Agent App expected to be launched in Q3. Article content Ms. Bruns will have P&L ownership, cross-functional accountability and responsibility for strategic execution in this new evolution of the FUTR Payments product, which currently has over 42,000 users and has processed over US$3bn in value for curated consumer payment events. FUTR Payments will form a key component of the FUTR AI Agent App as it connects comprehensive intelligent payment rails to personalized FUTR AI Agents. This allows highly tailored and automated payment plans saving Consumers $1,000s in interest and helping to build equity in their vehicles and homes faster. Article content Ms. Bruns brings 20 years of leadership experience across technology, digital payments and global finance. Known for driving rapid, cost-based transformation and delivering scalable growth, Ms. Bruns has a consistent track record of exceeding delivery and quality expectations. She has held senior roles at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International where she leveraged her expertise in revenue acceleration, product strategy optimization and team development to drive meaningful outcomes. Ms. Bruns holds an MBA from the University of Dallas. Article content 'This is an extremely exciting opportunity for me as a leading-edge payments executive. FUTR Payments has saved consumers millions of dollars of interest since inception and manages over $2B USD in loan balances and payments with zero balance sheet risk. We believe we are just barely scratching the surface, and in my 20 years I haven't seen anything so robust in the market,' said Ms. Bruns. 'With the further integration into the FUTR AI Agent App and drastically expanding our industry reach and consumer base, we believe we are well positioned for significant growth in the USA and Canada.' Article content 'Connecting intelligent agents and intelligent payment rails is critical to the value proposition of the FUTR AI Agent App. The FUTR Payments product has been very successful historically with predictable recurring revenue that grows year over year. Now with expanded investment and Mindy's exceptional experience we believe we are ideally positioned to continue and significantly expand that proven success,' said Alex McDougall, President of The FUTR Corporation. Article content About The FUTR Corporation Article content FUTR's AI Agent App is focused on putting money back in consumers' 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. Article content Article content Forward-Looking Statements Article content 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 and the consolidation of the Company's common shares. 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. Article content Article content Article content Article content Article content
