Change of Subsidiary Name to Fiinu Bank Limited

RNS Number : 7418Y

Fiinu PLC

08 September 2022

 

8 September 2022

Fiinu Plc

("Fiinu" or the "Company")

Change of Subsidiary Name to Fiinu Bank Limited

Fiinu (AIM: BANK), a fintech company and creator of the Plugin Overdraft®, is pleased to announce that the change of its subsidiary's name from Fiinu 2 Limited to Fiinu Bank Limited has been approved by The Secretary of State, registered at Companies House and appears on the Financial Services Register.

Chris Sweeney, Fiinu's Chief Executive Officer, commented:

"Following our admission to trading on AIM in July, this is another small, but important, milestone in the development of the business as we continue to build the bank's team and infrastructure before we are able to exit our mobilisation period.  We look forward to updating shareholders as this process continues."

For further information please contact:
Fiinu Plc Chris Sweeney, Chief Executive Officer Philip Tansey, Chief Financial Officer	via agencybrazil London
SPARK Advisory Partners Limited (Nomad) Mark Brady Adam Dawes	Tel: [phone]
SP Angel Corporate Finance LLP (Broker) Abigail Wayne Matthew Johnson	Tel: [phone]
Buchanan Communications (Financial PR adviser) Chris Lane / Jack Devoy	Tel: [phone] Email: [e-mail]
Brazil London (Press office for Fiinu) Joshua Van Raalte / Christine Webb / Jamie Lester	Tel: [phone] Email: [e-mail]

Notes to Editors

Fiinu, founded in 2017, is a fintech group, including Fiinu Bank, authorised by the Bank of England. Fiinu's Plugin Overdraft® is an unbundled overdraft solution which allows customers to have an overdraft with Fiinu Bank without changing their existing bank. The underlying Bank Independent Overdraft® technology platform is bank agnostic, allowing Fiinu to serve all other banks' customers.

Open Banking allows Fiinu's Plugin Overdraft® to attach ("plugin") to the customer's primary bank account, no matter which bank they may use. Fiinu's vision is built around Open Banking, and it believes that it increases competition and innovation in UK banking.

For more information, please visit https://www.fiinu.com/

 

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