Arizona Tribune - Fortun Holdings Reports Record Monthly Funding Volume for July 2026

MIAMI, FL / ACCESS Newswire / August 6, 2026 / Fortun Holdings, Corp. (OTCID:FRTU) ("Fortun" or the "Company"), a financial technology company focused on providing revenue-based financing to underserved small businesses, today announced that it funded approximately $1,454,500 in small-business financing transactions during July 2026, representing the highest monthly funding volume in the Company's history.

The July result was approximately 29% higher than the Company's average monthly funding volume of approximately $1,124,767 during the first six months of 2026, marking a meaningful acceleration from the operating pace established during the first half of the year. Management believes this comparison provides important perspective on the significance of July's record performance and the potential scale of the Company's next stage of growth.

The record funding month was accompanied by a second consecutive month of elevated application activity. Fortun received approximately 484 new funding applications during July, remaining generally consistent with the approximately 495 applications received in June and substantially above the preceding nine-month monthly average of approximately 225 applications.

Not all applications ultimately result in completed funding transactions, as the Company may decline applicants that do not satisfy its underwriting, verification or credit-quality standards. Nevertheless, management believes the sustained increase in application volume is expanding the Company's pool of qualified financing opportunities and beginning to contribute to higher completed transaction volume.

Although additional months of performance will be necessary to confirm a sustained trend, the combination of two consecutive months of application volume in the high 400s and July's record funding results provides encouraging early evidence that Fortun may be establishing a higher level of recurring operating activity. Subject to continued application volume, disciplined underwriting and adequate capital availability, management believes July's performance may represent the beginning of a new operating baseline rather than an isolated result.

"July's record funding volume is an encouraging first result following the significant increase in applications we reported in June," said Yoel Damas, President and Chief Executive Officer of Fortun Holdings. "During the first six months of 2026, our average monthly funding volume was approximately $1.12 million. July increased that figure to approximately $1.45 million, or nearly 30% above the first-half monthly average."

Damas continued, "Our objective is for this result not to be an isolated anomaly, but rather the beginning of Fortun's next level of operating growth. We have invested in expanding our marketing reach, strengthening our application pipeline and improving the technology and workflows used to process and evaluate financing opportunities. While it remains too early to conclude that a new run rate has been established, July's record funding volume, combined with two consecutive months of application volume in the high 400s, provides an important initial indication that these initiatives may be beginning to produce a sustained increase in operating activity."

The Company will continue monitoring key performance indicators, including application volume and quality, approval rates, customer-acquisition costs, processing times, completed funding transactions, portfolio performance and capital availability.

Understanding Funding Volume

Funding volume is an operating metric representing the gross dollar amount of financing transactions completed with small-business customers during a specified period. Funding volume is not revenue, net income, cash flow or any other financial measure calculated in accordance with generally accepted accounting principles in the United States, or GAAP.

The Company believes funding volume is useful in evaluating the scale of its origination activity, customer demand and operating growth. However, funding volume should not be considered a substitute for, or superior to, the Company's GAAP financial results. The amount ultimately recognized as revenue from funded transactions depends on numerous factors, including transaction terms, collections, portfolio performance, defaults, renewals, servicing activity and the timing and application of the Company's accounting policies.

About Fortun Holdings, Corp.

Fortun Holdings, Corp. is a financial technology company focused on expanding access to revenue-based financing for underserved small businesses. Through its operating subsidiaries and technology-enabled platform, the Company originates, underwrites, funds and services financing transactions designed to support the working-capital needs of entrepreneurs across the United States and Puerto Rico.

For additional information, visit www.frtu.com and www.fortunfunding.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's anticipated growth, the sustainability of increased funding and application volume, the potential establishment of a higher operating run rate or operating baseline, the expected impact of the Company's marketing and technology initiatives, future application quality, approval rates, customer-acquisition costs, transaction volume, portfolio performance, capital availability and the Company's broader business strategy.

Forward-looking statements are based on current expectations, assumptions, estimates and projections that are subject to risks and uncertainties that could cause actual results to differ materially from those described. These risks include, but are not limited to, variability in application volume and quality, underwriting and verification risks, customer-acquisition risks, access to capital, portfolio performance, defaults and collection risks, economic conditions, competition, technology implementation risks, cybersecurity risks, regulatory developments and other risks described from time to time in the Company's public disclosures.

The July 2026 funding and application information included in this release is preliminary, unaudited and subject to adjustment. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

Investor Relations Contact

Fortun Holdings, Corp.
www.frtu.com
[email protected]

Hayden IR
James Carbonara
(646) 755-7412
[email protected]

SOURCE: Fortun Holdings, Corp

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A.O.Scott--AT