Fiinu Plc Looks to Raise £1.41 Million Through a Targeted Fundraise and Welcome QVP I Luxembourg as Key Investor

Fiinu Plc (AIM: BANK), the London-listed fintech behind the Plugin Overdraft® platform, has entered into subscription agreements for it to raise up to £1.41 million in gross proceeds through the issue of 9.4 million new ordinary shares at 15 pence per share. 

The subscription shares will be issued to institutional and other investors, and the proceeds will provide additional working capital to support Fiinu plc’s growth.

A significant portion of the fundraise will be subscribed by QVP I, a Luxembourg-based fund, which actively invests in innovative businesses and is dedicated to helping local entrepreneurs both perfect their products and scale up internationally. The fund has built a strong presence, especially in Poland, demonstrating a successful track record of identifying and supporting growth opportunities in key European tech markets. 

The issue price of the fundraise mirrors Fiinu’s recent major facility settlement, offering price consistency and stability for all shareholders. The participation of a respected institutional investor, such as QVP I, underscores market confidence in Fiinu’s strategic priorities and the company’s renewed momentum. 

Application will be made for the subscription shares to be admitted to trading on AIM, expected around 17 September 2025. 

David Luksenburg, Director, QVP I, said:

“We are delighted to support Fiinu at this exciting stage of its journey. We believe Fiinu is well-positioned to capture significant growth opportunities across Europe, and our investment reflects our confidence in the Company’s strategy and management team. We look forward to being a long-term partner in its success.”

Marko Sjoblom, CEO, Fiinu plc, said:

“We are deeply grateful to QVP I and all participating investors for their confidence in Fiinu. Their support enables us to accelerate our growth strategy and deliver value for all shareholders. Having long-standing clients such as Mikobud and Tomasz Sztuder (owner of Modern Hatch & ZWD Sztuder) also choose to invest is a strong endorsement of the quality and trust we have built through Fiinu Brokerage, which already supports over 4,000 import and export businesses in Poland. It demonstrates the strength of our products and our ability to act as true partners to our clients.”

“We have set a clear path toward profitability, powered by our two core products: the Plugin Overdraft® and Banking-as-a-Service offerings. My objective, which is tied to my long-term incentive plan, is to increase Fiinu’s valuation to £440 million and our share price to 110p within the next 36 months.”