FUTR, EQI plan digital banking venture

FUTR Corporation has signed a binding letter of intent with EQITrade to form a global digital banking joint venture.

EQIBank and EQITech will act as performing affiliates.

The planned deal would bring together FUTR’s AI Agent App, secure data vault and the FUTR Foundation’s FUTR Token rewards system with EQI’s banking infrastructure, payments network, lending, treasury custody and digital asset trading capabilities.

If completed and approved, the transaction is intended to support the creation of a digital banking platform built for AI agents.

The financial products are expected to sit within a newly formed joint venture company, with FUTR owning 75% and EQITrade 25%.

FUTR would remain the controlling party.

Under the proposed arrangement, FUTR would add banking features to the FUTR Agent App over time, including multi-currency accounts, card products, yield, stablecoin services, crypto lending and digital asset trading, subject to regulatory approval in the relevant markets.

The venture is also expected to support wider distribution of the FUTR Agent, together with its data vault and rewards tools, through EQIBank’s client base.

The companies said the structure would extend the FUTR Agent by adding banking infrastructure and would build on FUTR Payments’ cash management and loan optimisation platform.

The operational targets include a framework for up to 200,000 funded FUTR Agent accounts and up to 1,000,000 FUTR Verified Active Users within 36 months across EQIBank’s wider banking platform and client network, subject to quarterly verification and final definitions in the definitive agreements.

FUTR is expected to oversee consumer product development, user experience, branding, marketing, customer acquisition and operation of the consumer interface.

EQI is expected to provide banking access through EQIBank, banking-as-a-service infrastructure through EQITech, as well as payments infrastructure, treasury management, settlement, custody, trading services, compliance architecture and related operational support.

EQIBank founder and executive chairman Jason Blick commented: “The combination of FUTR’s distribution capability with our global banking infrastructure establishes a unified platform capable of operating across jurisdictions at scale.”

The arrangement does not include FUTR’s existing FUTR Payments business, which continues separately across the company’s U.S. auto dealer network under its current structure.

The joint venture is expected to have a five-member board.

The parties said they currently expect a commercial launch in the second half of 2026, subject to completion of the transaction, regulatory approval and technical integration milestones.

The FUTR Corporation CEO Alex McDougall said: “Of equal importance, the partnership creates a pathway to distribute the FUTR Agent through EQIBank’s broader banking platform and Banking-as-a-Service ecosystem. “We believe the combination of growth channels positions FUTR as one of the first AI-Agent-native banking platforms globally, subject to completion of the transaction and required approvals.”