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Fiinu – shares subscription including “to provide additional working capital”, but sufficiently so?

By Steve Moore | Friday 14 February 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Stating that it has developed “an unbundled overdraft solution that allows customers to have an overdraft without changing their existing bank”, Fiinu (BANK) emphasised in its first half of 2024 results that, despite still nil revenue, loss reduced to £0.2 million with cash then £0.7 million and overall net tangible assets £0.6 million. With a now “pleased to announce” £1.25 million shares subscription, it now well set?
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