Fiinu Plc Announces £1.41 Million Fundraise Through Share Subscription

Fiinu Plc Announces £1.41 Million Fundraise through subscription agreements to issue 9.4M shares at 15p, boosting working capital.

Key Points:

• Fiinu Plc to raise up to £1.41m through the issue of 9.4m new shares at a 50% premium to previous subscription.
• QVP, a Luxembourg-based fund, will take a significant stake; AIM admission targeted for 17 September 2025.

Fiinu Plc (LON:BANK) has announced that it has entered into subscription agreements to raise up to £1,410,000 in gross proceeds through the issuance of 9,400,000 new ordinary shares at 15 pence per share.

The subscription, which responds to strong market demand, will see the shares placed with a mix of institutional and other investors. Furthermore, the funds raised will provide additional working capital to support the company’s ongoing operations and strategic initiatives.

Fiinu Plc Announces £1.41 Million Fundraise Through Share Subscription

Moreover, a substantial portion of the investment will come from QVP, a Luxembourg-based fund known for backing innovative businesses. QVP focuses on helping entrepreneurs refine their products and expand internationally, aligning with Fiinu’s growth ambitions.

The company set the issue price of the subscription shares at a level that is 50% higher than the price of the fundraising announced on 6 August 2025, which related to the reverse takeover of Everfex P.S.A. It also mirrors the issue price used in the major facility settlement announced on 1 September 2025.

Fiinu will apply for the new shares to be admitted to trading on AIM, where they will rank pari passu with the company’s existing ordinary shares. The company expects admission on or around 17 September 2025.

Fiinu Plc, an AIM-listed financial technology company, delivers innovative banking solutions. The company aims to provide customers with flexible and transparent products, leveraging technology to improve access to financial services. Also, Fiinu’s flagship offering is the Plugin Overdraft®, designed to work alongside customers’ existing bank accounts. With a commitment to responsible lending and customer-centric innovation, Fiinu is positioning itself as a challenger in the evolving fintech landscape.

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