Fiinu (LON:BANK) Stock Price Down 7.1% – Here’s What Happened

Fiinu Plc (LON:BANK)’s stock price fell 7.1% during mid-day trading on Friday . The stock traded as low as GBX 6.50 and last traded at GBX 6.50. 218,708 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 380,100 shares. The stock had previously closed at GBX 7.

Fiinu Stock Down 7.1%

The company has a market cap of £25.74 million, a P/E ratio of -13.00 and a beta of 8.24. The company has a 50 day moving average price of GBX 7.09 and a 200-day moving average price of GBX 7.86.

Fiinu Company Profile

Fiinu plc is a UK-based fintech group delivering open banking-enabled infrastructure and financial services across lending and brokerage.

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.