Conister Bank enters into an agreement with Fiinu

Manx Financial

16/09/2025 07:00

RNS Number : 4224Z

Manx Financial Group PLC

16 September 2025

 

FOR IMMEDIATE RELEASE                                                                        16 September 2025

Manx Financial Group PLC

(the "Group")

Manx Financial Group's subsidiary, Conister Bank, enters into an exclusive agreement with Fiinu for an innovative overdraft product

Manx Financial Group Plc's subsidiary, Conister Bank Limited (the "Bank"), has entered into an exclusive strategic partnership with Fiinu Plc ("Fiinu") to introduce an innovative overdraft product in the United Kingdom, subject to regulatory approval. This collaboration aims to enhance the Bank's short-term lending products, including Buy Now Pay Later and insurance premium finance offers.

The Bank has signed a Master Services Agreement with AIM traded Fiinu for a minimum three-year exclusivity period to integrate Fiinu's overdraft technology into its product suite.

This partnership reflects the Bank's commitment to delivering customer-driven products and leveraging UK banking permissions to serve the underserved.

Douglas Grant, Conister's Managing Director and the Group's Chief Executive Officer said:

"This investment and partnership underline our commitment to delivering customer driven products in this challenging economic environment where we can leverage our United Kingdom banking permissions where others cannot. Our focus continues to be on offering market leading customer focused short term products and Fiinu's plugin overdraft will address a known market need. As such, Fiinu's technology complements our strategic vision and will enable us to serve customers who are being overlooked by mainstream banking, thereby reinforcing our premier position as the specialist deposit taker and lender in the Isle of Man and UK."

Marko Sjoblom, Fiinu's Chief Executive Officer said:

"We are delighted to secure this partnership with Conister Bank. It validates our technology and accelerates our mission to provide flexible credit solutions to consumers and businesses."

For further information, please contact:

Manx Financial Group PLC
Beaumont Cornish Limited
Tavistock Communications Limited
Greentarget Limited
Denham Eke
Roland Cornish/
James Biddle
Simon Hudson/
Kuba Stawiski
Jamie Brownlee
Tel: +44 (0) 1624 694694
Tel: +44 (0) 20 7628 3396
Tel: +44 207 920 3150 mfg@tavistock.co.uk
Tel: +44 (0) 20 3307 5726

 

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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