TIDMBANK

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(R), 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                                      via agencybrazil London 
  Chris Sweeney, Chief Executive Officer 
  Philip Tansey, Chief Financial Officer 
 SPARK Advisory Partners Limited (Nomad)        Tel: +44 (0) 203 368 3550 
  Mark Brady 
  Adam Dawes 
 SP Angel Corporate Finance LLP (Broker)        Tel: +44 (0) 207 470 0470 
  Abigail Wayne 
  Matthew Johnson 
 Buchanan Communications (Financial             Tel: +44 (0) 207 466 5000 
  PR adviser)                                    Email: Fiinu@buchanan.uk.com 
  Chris Lane / Jack Devoy 
 Brazil London (Press office for Fiinu)         Tel: +44 (0) 207 785 7383 
  Joshua Van Raalte / Christine Webb             Email: fiinu@agencybrazil.com 
  / Jamie Lester

Notes to Editors

Fiinu, founded in 2017, is a fintech group, including Fiinu Bank, authorised by the Bank of England. Fiinu's Plugin Overdraft(R) 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(R) technology platform is bank agnostic, allowing Fiinu to serve all other banks' customers.

Open Banking allows Fiinu's Plugin Overdraft(R) 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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END

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(END) Dow Jones Newswires

September 08, 2022 02:01 ET (06:01 GMT)

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