REG - Fiinu PLC - Operational Update; White-Label update

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RNS Number : 5662M  Fiinu PLC  23 December 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
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is now considered to be in the public domain.

 

23 December 2025

 

Fiinu Plc

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

 

Operational Update

 

White-Label update

 

Fiinu Plc (AIM: BANK), the fintech group and creator of the Plugin
Overdraft®, announces an operational update in respect of continued progress
on its Plugin Overdraft® white-label partnership with Conister Bank Limited
("Conister Bank"), a subsidiary of Manx Financial Group Plc ("MFX"), and
additional white-label engagement and platform testing in Europe.

 

Conister Bank White-Label Partnership

 

The Company continues to make constructive progress on its white-label
partnership with Conister Bank, with the project reaching a number of
important milestones. These include, among other developments, Conister Bank
having just received regulatory approval, the commencement of user acceptance
testing within Fiinu's production environment for the Conister Bank Plugin
Overdraft, powered by Fiinu.

 

Both parties continue to work through a defined set of remaining deliverables
required ahead of launch. These include, among other matters, the progression
of a payment solution. As a result, and following joint planning discussions,
subject to the completion of these items, the parties are now targeting a
launch in Q1 2026. As with any regulated financial product, timing remains
subject to third-party dependencies.

 

Both parties remain fully engaged and positive regarding the partnership and
the forthcoming launch. The Company confirms that, while there are outstanding
actions on both sides, there are currently no known insurmountable technical
or operational issues that would prevent launch within the expected timeframe.

Additional White-Label Engagements and Platform Testing

In parallel with its work with Conister Bank, the Company continues to engage
in discussions with a number of other European banks regarding potential
white-label deployments of the Plugin Overdraft® platform. As part of these
engagements, Fiinu has commenced early-stage platform testing activities with
prospective partners in two EU jurisdictions. These activities are focused on
validating technical integration, localisation requirements and regulatory
alignment within differing European banking environments.

While these discussions and testing programmes remain at an exploratory and
non-binding stage, the Company believes they demonstrate growing interest from
European banking institutions in Fiinu's technology and its potential
applicability across multiple regulated markets. There can be no certainty
that these discussions will result in formal commercial agreements, and any
future progress remains subject to regulatory approvals and partner
decision-making processes.

Dr Marko Sjoblom, CEO of Fiinu Plc, commented:

"We continue to make steady and constructive progress with Conister Bank on
the development of the Plugin Overdraft® as a white-label solution, with a
number of important milestones now achieved, including regulatory approval and
commencement of user acceptance testing in our production environment. While
there remain defined deliverables to complete ahead of launch, including
third-party dependencies, both teams remain fully engaged and aligned on the
path forward.

"In parallel, we are encouraged by the level of inbound interest from other
European banks and by the early-stage platform testing currently underway in
two EU jurisdictions. These activities are focused on validating the
adaptability of our technology across different regulatory and operational
environments. Although these engagements remain exploratory and non-binding,
they underline the broader relevance of our platform and support our
confidence in Fiinu's longer-term commercial strategy. As always, progress
remains subject to regulatory processes and partner decision-making."

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 / 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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