Overview of Transaction

• On February 12, 2026, Gennius XYZ (“Gennius”), a leader in digital engagement, payments, and loyalty technology, announced the acquisition of a majority share in Utoppia, a US-based FinTech platform providing access to regulated US bank accounts, card issuance and digital financial services
• Gennius operates a global platform connecting payments, rewards, tokenization, and digital experiences into a unified global ecosystem, enabling financial institutions and consumers to convert transactions into engagement and long-term value
• Gennius unifies loyalty points, miles, rewards, and digital assets into a digital token enabling consumers to spend rewards value seamlessly online or at physical POS
• Utoppia provides USD bank accounts and global payment capabilities for digitally native, borderless consumers, including remote workers, creators, and gig-economy participants
• The platform integrates pay-and-get-paid functionality, crypto on/off-ramps, global card acceptance, and a unified rewards and benefits program

Significance of Transaction

• The acquisition of Utoppia adds a US-regulated banking and card issuance layer to Gennius’s global payments, rewards, tokenization, and marketplace infrastructure
• The transaction accelerates Gennius’s evolution toward a unified global value platform, enhancing cross-border engagement, revenue per user, and ecosystem monetization

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to Gennius
• FT Partners also previously served as financial and strategic advisor to Gennius on its acquisition of TripPromoter
• The transaction underscores FT Partners’ deep domain expertise across digital banking, crypto & blockchain, and loyalty solutions, as well as our strong track record advising high-growth FinTech companies on strategic, value-creating acquisitions