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Fiinu PLC - Weybridge, England-based digital bank that offers short-term credit to consumers via an arranged overdraft - Posts loss of £8.2 million for the period to December 31, as company shifts its financial year to be aligned with the calendar year. Does not define when period started. Compares this to a loss of £975,187 for the financial year before, which ended on March 31, 2022. Administrative expenses increase to £8.2 million from £973,965. Looking ahead, company focuses on securing £34 million to £42 million of capital and a full unrestricted banking licence in the second half of 2023.
Current stock price: 7.51 pence, down 3.1% on Thursday
12-month change: down 67%
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