Fiinu Plc (LSE:BANK) has completed the full drawdown of a £2 million convertible loan facility from Conister Bank Limited, providing additional working capital and supporting the continued development of its proprietary technology platform. In parallel, the company has appointed Marex Financial as a Joint Broker, succeeding SP Angel Corporate Finance LLP. These moves reflect Fiinu’s ongoing efforts to strengthen its financial foundation and strategic partnerships as it prepares for the anticipated launch of its flagship product, the Plugin Overdraft®, in the fourth quarter of 2025.
About Fiinu Plc
Fiinu Plc is a UK-based fintech company focused on developing and commercializing innovative financial technology solutions. Best known for its Plugin Overdraft®, the company aims to provide flexible, technology-driven credit alternatives designed to enhance consumer financial accessibility and improve banking efficiency.
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