Shares of Fiinu Plc (LON:BANK – Get Free Report) traded down 1.5% on Thursday . The company traded as low as GBX 8 and last traded at GBX 8. 227,849 shares were traded during trading, a decline of 55% from the average session volume of 507,146 shares. The stock had previously closed at GBX 8.13.
Fiinu Stock Performance
The company has a market capitalization of £32.89 million, a PE ratio of -16.51 and a beta of 0.49. The company’s fifty day moving average is GBX 8.45 and its 200-day moving average is GBX 10.25.
Fiinu Company Profile
At the heart of Fiinu’s strategy is the Plugin Overdraft®, a white-label solution that integrates seamlessly into existing banking applications, allowing customers to access arranged overdrafts without switching banks. This product addresses the needs of the 80% of UK account holders who currently lack access to overdrafts. Using real-time Open Banking data and AI-driven underwriting, Fiinu can assess affordability responsibly and provide fair overdraft limits—helping fill the £10 billion gap left by the removal of unarranged overdrafts in 2020.
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