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An announcement from Immedia ( (GB:BANK) ) is now available.
Fiinu announced its first white-label Banking-as-a-Service (BaaS) deal with an independent UK bank, marking a significant milestone in its growth strategy. This partnership involves integrating Fiinu’s Plugin Overdraft® into the bank’s systems, with a planned product launch in Q4 2025. The agreement emphasizes Fiinu’s focus on Open Banking and AI-driven financial solutions, signaling potential transformative impacts on the banking experience in the UK.
More about Immedia
Fiinu, established in 2017, is a fintech group known for its Plugin Overdraft®, a unique overdraft solution that operates independently of traditional bank structures. The platform leverages Open Banking technology, allowing it to connect to over 100 million UK bank accounts, thus promoting competition and innovation within the banking sector.
YTD Price Performance: 30.0%
Average Trading Volume: 324,594
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.37M
See more insights into BANK stock on TipRanks’ Stock Analysis page.
