FinWise Bank Data Breach Settlement

FinWise Bank Data Breach Settlement is a $2.8 million class action for U.S. residents whose personal information was affected by the May 31, 2024 FinWise Bank / FinWise Bancorp / American First Finance incident. Choose documented losses up to $5,000 or a Cash Fund Payment from the remaining pool. California residents at the time of the incident receive 2 cash shares per 1 share for other claimants. Deadline: October 29, 2026. The online form needs the Unique ID and PIN from your notice.

Do I Qualify?

You may be eligible if:

• You are a U.S. resident
• Your personal information (name, birth date, Social Security number, and/or account number) was affected by the May 31, 2024 FinWise Bank / FinWise Bancorp / American First Finance data incident
• Holding a FinWise or American First Finance account is not enough by itself — your information specifically has to have been affected
• California 2x cash shares are based on residency at the time of the incident, not where you live today
• You file a valid claim by October 29, 2026

Unique ID and PIN from the mailed or emailed notice are required for the online portal. Documented losses need receipts or statements. The Cash Fund Payment does not require loss documentation. If you lost your ID/PIN, use the official site's contact page — the online form will not open without those credentials.

What Happened?

Plaintiffs alleged that a May 31, 2024 data incident at FinWise Bank / FinWise Bancorp / American First Finance exposed personal information including names, birth dates, Social Security numbers, and account numbers. Defendants deny wrongdoing and agreed to settle.

The settlement creates a $2.8 million fund. Class members choose documented-loss reimbursement up to $5,000 or a Cash Fund Payment from what remains after documented-loss and monitoring costs. Either path can add two years of 3-bureau credit monitoring.

California residents at the time of the incident receive two cash shares for every one share paid to other cash claimants. That multiplier does not raise the $5,000 documented-loss cap.

How to File Your Claim

1. Online portal requires the Unique ID and PIN printed on the mailed or emailed notice
2. Choose ONE of: documented losses (up to $5,000, receipts or statements required) OR Cash Fund Payment (share of the remaining pool, amount not fixed)
3. Either option can add 2 years of 3-bureau credit monitoring
4. Paper form available by mail if preferred
5. Visit the official claim form: https://www.finwisedatasettlement.com/Login

How Much Will I Actually Get?

$2.8 million total fund. Documented losses reimbursed up to $5,000 with proof. Cash Fund Payment claimants split what remains after documented-loss and monitoring costs — not a fixed amount, reduced proportionally if claims exceed the fund. California residents at the time of the incident get 2 cash shares per 1 share for other claimants (does not change the $5,000 documented cap).

Last reviewed: September 7, 2026 | Information verified from court records and official settlement documents.

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