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Fiinu Reactivates Agreement with Tuum to Boost White-Label Strategy

Story Highlights
  • Fiinu reactivates its agreement with Tuum to support its white-label initiative.
  • This move aligns with Fiinu’s strategy to scale its Plugin Overdraft® and enhance financial inclusion.
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Fiinu Reactivates Agreement with Tuum to Boost White-Label Strategy

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The latest update is out from Immedia ( (GB:BANK) ).

Fiinu Plc has reactivated its core banking software services agreement with Tuum to support its strategic white-label initiative, which aims to enhance its Plugin Overdraft® technology. This move is part of Fiinu’s reaccelerated roll-out strategy and aligns with its mission to scale its white-label proposition and bring Open Banking-enabled innovation to market, thereby enhancing financial inclusion.

More about Immedia

Fiinu, founded in 2017, is a fintech group that has developed the Plugin Overdraft®, an unbundled overdraft solution allowing customers to have an overdraft without changing their existing bank. The platform is bank agnostic and can technically access over 100 million bank accounts in the UK, leveraging Open Banking to increase competition and innovation.

YTD Price Performance: 1500.0%

Average Trading Volume: 2,400,337

Technical Sentiment Signal: Sell

Current Market Cap: £23.63M

See more data about BANK stock on TipRanks’ Stock Analysis page.

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