Fiinu Plc (IME.L) Share Price & News

Fiinu, founded in 2017, is a technology platform and provider of consumer banking products.

Fiinu comprises two innovative businesses: Fiinu 2 Ltd, which has been granted Part 4A Permission from the UK regulators and will offer the Group's flagship product, the Plugin Overdraft®, and Fiinu Services Ltd, a provider of financial technology and alternative data solutions.

Fiinu's Plugin Overdraft® is an unbundled overdraft solution, whereby Fiinu can provide its customers with an overdraft facility without them having to switch their current account with their present bank, giving customers access to affordable credit. Importantly, an overdraft does not negatively impact a consumer's credit score and helps avoid expensive "payday lenders", giving consumers the opportunity to build their credit rating.