Millions of adults do not have access to an arranged overdraft and changing regulations could cause those many millions of consumers to lose access to any unarranged overdraft facility currently offered by their primary bank, meaning their payments will begin to be rejected, leading to failed payments. Fiinu will change the short term borrowing landscape by offering an innovative solution connected to a customer’s primary bank account via the “Open Banking” directive. Using Fiinu’s credit product has the potential to improve an individual’s credit score and will provide an alternative to using high-cost short-term credit which can have a damaging effect on their credit file and/or lenders credit decisions. Company's aim is to help millions of people better manage and stay in control of their finances.

Type: Private
Funding Status: Equity Crowdfunding
Foundation year: 2017
Location: Weybridge, Surrey, United Kingdom
Number of employees: 11-50
Founders: Marko Sjoblom
Target geographic market:


About Product/Service
Products Loans, overdrafts
Regulators/ComplianceFiinu is in the pre-application phase to obtain necessary licenses from the UK regulatory authorities
Product cost-
(a) a personal accountYes

Key people

Funding rounds

Last Funding Date Dec 18, 2018
Last Funding Amount £563.1K
Last Funding Type Equity Crowdfunding
Total Funding Amount £563.1K
Number of Funding Rounds 1


Customer/Products segments Lending, Overdrafts, Personal Finance, Open Banking, AI, ML, blockchain
Banking licenseFiinu is in the pre-application phase to obtain necessary licenses from the UK regulatory authorities
Type of customersIndividuals
Number of investors N/A
Number of lead investorsN/A

Tech stack


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