tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fiinu Plc Announces £1.41 Million Equity Fundraise

Story Highlights
Fiinu Plc Announces £1.41 Million Equity Fundraise

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Immedia ( (GB:BANK) ) has shared an announcement.

Fiinu Plc has announced an equity fundraise to generate up to £1,410,000 by issuing 9,400,000 new ordinary shares at 15 pence each. The funds will be used to provide additional working capital, with significant investment from QVP I, a Luxembourg-based investor known for supporting growth in European tech markets. The issue price represents a 50% premium compared to a previous subscription, reflecting strong market demand and strategic positioning.

More about Immedia

Fiinu Plc operates in the financial sector and is listed on AIM under the ticker BANK. The company focuses on providing innovative financial solutions and services, aiming to support local entrepreneurs and scale up internationally, particularly in key European tech markets.

Average Trading Volume: 715,744

Technical Sentiment Signal: Buy

Current Market Cap: £71.64M

For detailed information about BANK stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1