Fiinu (LON:BANK) Stock Price Down 1.5% – Here’s Why

Fiinu Plc (LON:BANK) shares traded down 1.5% during trading on Thursday . The company traded as low as GBX 8 and last traded at GBX 8. 227,849 shares changed hands during mid-day 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 £31.88 million, a P/E ratio of -16.00 and a beta of 0.49. The stock’s fifty day moving average price is GBX 8.45 and its 200-day moving average price is GBX 10.26.

About Fiinu

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.