$2.8M FinWise Bank Data Breach Settlement

Individuals whose private information was affected by the FinWise Bank data breach on or around May 31, 2024, including those who received a breach notice, are eligible.

Receipts, invoices, bank letters, account statements, tax forms, police reports, or other documentation of data breach-related losses are required for documented loss claims; no proof required for pro rata cash payment.

About This Settlement

FinWise Bank, FinWise Bancorp, and American First Finance are alleged to have failed to prevent a data breach on or around May 31, 2024, which reportedly compromised sensitive consumer information including names, birth dates, Social Security numbers, and account numbers. Consumers alleged the companies could have prevented the breach through reasonable cybersecurity measures. The defendants have not admitted any wrongdoing but have agreed to a $2.8 million class action settlement to resolve these claims. This page is for informational purposes only and does not constitute legal advice.

Who Qualifies

• Your private information was affected by the FinWise Bank data breach that occurred on or around May 31, 2024
• You received a notice from FinWise Bank informing you that your data was impacted by the breach
• Your compromised information may have included one or more of the following: name, birth date, Social Security number, or account number
• No specific geographic restriction applies to general eligibility, though California residents may be entitled to additional benefits under California privacy laws
• You have not previously released your claims related to this data breach

What You May Receive

You may be eligible to receive one of the following benefits under the alleged $2.8 million settlement: (1) Up to $5,000 in reimbursement for documented out-of-pocket losses — such as unreimbursed fraud, identity theft expenses, credit monitoring costs, or other related expenses — provided you submit supporting documentation with your claim; (2) A proportional share of the settlement fund if you did not experience documented losses, though the exact amount will vary depending on the total number of valid claims filed; (3) California residents may be eligible to receive up to double the cash fund payment compared to non-California residents, pursuant to California privacy laws; (4) All eligible class members may receive two years of free credit monitoring services by selecting the credit monitoring option on the claim form.

How to File a Claim

1. Visit the official settlement website at FinWiseDataSettlement.com to access the claim form and review settlement details.
2. Complete the claim form in full, providing your personal information and selecting the type of benefit you are claiming — documented losses, a proportional cash payment, and/or free credit monitoring.
3. If you are claiming reimbursement for documented losses, gather and attach supporting documentation such as receipts, invoices, bank letters, account statements, tax forms, or police reports to substantiate your losses.
4. Submit your completed claim form and any required documentation by the claim deadline of October 29, 2026. Late submissions may not be accepted.

Case Details

Settlement: FinWise Bank Data Breach Class Action Settlement
Claim Deadline: October 29, 2026
Settlement Website: FinWiseDataSettlement.com