Access
for everyone
Fiinu is in the pre-application phase of the Bank of England
authorisation process to become a bank.
Our goal…
…is for customers to be in better financial
shape after they join us.
-
Fill gaps in the market
We systematically find and fill gaps in the market by using the latest technology
-
Improve financial inclusion
Our credit products are designed to improve our customer's credit scores
-
Overdraft extension and protection
Once authorised, we will launch the world’s first Bank Independent Overdraft®.
-
Outstanding savings rates
Once authorised, we will offer competitive fixed-term, FSCS protected savings accounts
-
Transfer money for less
Once authorised, we will offer competitive retail foreign exchange and money transfer services
Intended impact
We have set a target of saving consumers
£800 million annually, within five years.
Read more
Every day, over 35.000 adults are overdrawn to unarranged overdraft in the UK, largely because they have no access to arranged overdrafts. Nearly 90% are overdrawn for less than £100 and for less than two weeks. Once authorised, Fiinu will change the overdraft landscape.
Fiinu’s Maximum Monthly Charge is 24% of the amount borrowed, e.g. £24 on £100 borrowed.
