REG - Fiinu PLC - Board Changes

FiinuAnnouncement

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RNS Number : 9998D  Fiinu PLC  20 October 2025

Information contained within this Announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014 which forms part of English law by virtue of the European
Union (Withdrawal) Act 2018, as amended. Upon the publication of this
announcement via the Regulatory Information Service, this inside information
is now considered to be in the public domain.

 

20 October 2025

 

Fiinu Plc

("Fiinu", the "Company" or the "Group")

 

Board changes

 

Fiinu Plc (AIM: BANK), the fintech group and creator of the Plugin
Overdraft®, announces the appointment of two new directors and the
resignation of one Independent Non Executive Director.

 

Mark Wallace has informed the Company that, for personal and health reasons,
he has decided to resign as an Independent Non Executive Director
of Fiinu, with immediate effect, and will not take up his position as Chair
of the Company's Polish foreign exchange subsidiary, which has been renamed
Fiinu P.S.A.. That position, on an interim basis, will be taken up by David
Hopton, the Fiinu Plc Chair. Mark has made a valuable contribution during his
all too brief time with the Company, and the Board wishes him well for a full
and speedy recovery.

 

The Company is pleased to announce the appointment of Paul Barnes as an
Independent Non Executive Director of Fiinu Plc, with immediate
effect. Paul brings extensive general management expertise, particularly in
treasury and liquidity management, short term markets trading (including
securities financing and foreign exchange), and business growth.

 

Paul was part of the senior management teams at Santander Corporate and
Investment Banking ("SCIB") and Santander UK. He served as a Managing
Director, member of the SCIB London Executive Committee and a member of the
SCIB European Markets Executive Committee, as well as sitting on the Santander
UK Asset and Liability Committee. Externally he represented Santander on the
Bank of England Money Markets Liaison Committee, The London Money Market
Association, and was the Industry elected Chair of the UK Liquidity Managers
Committee under UK Finance.

 

In addition, the Board has approved the appointment of Michael Hopton to the
Board of Fiinu Plc as an Executive Director and Group Chief
Operating Officer, with Board responsibility for Finance, Operations and Risk,
also with immediate effect. Michael, who joined the Group in July 2025 as
Chief Operating Officer, has also been serving as interim CFO and oversaw
the production of the Group's interim results.

 

Michael is a seasoned banking Chief Operating Officer with over two decades of
experience spanning sales, risk management, operations, and technology across
leading global financial institutions.

 

His early career included roles at Citigroup, Société Générale, and
Barclays Capital, where he worked across capital markets in sales and
operations. In the latter half, he held senior Financial Markets COO positions
at Standard Chartered, where he led global operational teams, supporting
corporate and institutional clients. He also spearheaded initiatives in sales
strategy and analytics, digital transformation, and major regulatory and
technology change programmes.

 

ADDITIONAL REGULATORY DISCLOSURES

 

Paul Douglas Barnes, aged 57, does not currently hold, nor has he held,
any directorships or partnerships within the last five years. He does not
currently hold any shares or options in Fiinu Plc.

 

 

Michael Alwyn Hopton, aged 47, is currently a director of Hopton Street
Capital Limited. He has not held any other directorships or partnerships in
the last five years. He does not currently hold any shares or options
in Fiinu Plc.

 

There are no further disclosures required under Schedule 2(g) of the
AIM Rules for either Paul Barnes or Michael Hopton

 

The Directors of the Company are responsible for the release of this
announcement.

 

*ENDS*

For further information, please contact: 

 Fiinu Plc                                          Tel: +44 (0) 1932 629 532

 Dr. Marko Sjoblom - CEO

 SPARK Advisory Partners Limited (Nomad)            Tel: +44 (0) 203 368 3550

 Mark Brady / Jade Bayat / Angus Campbell           Email: (mailto:Email:%20fiinu@sparkapl.com) fiinu@sparkapl.com
                                                    (mailto:fiinu@sparkapl.com)

 Marex Financial (Joint Broker)                     Tel: +44 (0) 207 655 6000

 Angelo Sofocleous / Keith Swann / Matt Bailey      Email: corporate@marex.com (mailto:corporate@marex.com)

 Oberon Investment Limited (Joint Broker)           Tel: +44 (0)203 179 5300

 Nick Lovering / Adam Pollock / Mike Seabrook

 Brazil (Financial PR)                              Tel: +44 (0) 207 785 7383

 Joshua van Raalte / Jamie Lester /Christine Webb

 

For more information, please visit www.fiinuplc.com (http://www.fiinuplc.com)

 

 

 

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