Sponsor banks increasingly appear to be managing FinTech deposits as a balance-sheet resource rather than an asset that must always remain on their own books. The Bancorp is generating a growing share of revenue from higher-margin FinTech fees while expanding sponsored lending and payments rather than relying solely on deposit growth. First Internet grew BaaS fee revenue 172% while shifting approximately $2.4 billion of FinTech deposits off its balance sheet through a deposit network. Banking-as-a-service has traditionally had sponsor banks for doing everything themselves: issuing accounts, holding deposits, processing payments and financing lending. Average FinTech loans rose to 18% of average loans, while FinTech fee income represented nearly 30% of total revenue.