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The latest announcement is out from Immedia ( (GB:BANK) ).
Fiinu Plc has published an Admission Document detailing its proposed acquisition of Everfex P.S.A., a move considered a reverse takeover under AIM rules, along with a conditional subscription for new shares. This publication is expected to restore trading in Fiinu’s shares on the AIM market, potentially impacting its market positioning and offering stakeholders new opportunities for engagement.
More about Immedia
Fiinu, founded in 2017, is a fintech group that developed the Plugin Overdraft®, an unbundled overdraft solution allowing customers to have an overdraft without changing their existing bank. The Bank Independent Overdraft® technology platform is bank agnostic, serving all banks’ customers through Open Banking, which enhances competition and innovation in UK banking.
Average Trading Volume: 250,503
Technical Sentiment Signal: Buy
Current Market Cap: £27.57M
Find detailed analytics on BANK stock on TipRanks’ Stock Analysis page.