Fiinu Plc (LON:BANK) has entered into subscription agreements to raise gross proceeds of up to £1,410,000 through the issue of 9,400,000 new ordinary shares at 15 pence per share.

The subscription shares will be issued to institutional and other investors, in response to market demand, and the funds raised will be utilised to provide additional working capital.

A significant portion of the fundraise will be subscribed by QVP I, a Luxembourg-based fund, which actively invests in innovative businesses and is dedicated to helping local entrepreneurs both perfect their products and scale up internationally.

The issue price of the Subscription Shares represents a 50% premium to the subscription announced on 6 August 2025, in connection with the reverse takeover of Everfex P.S.A., and mirrors the issue price of the major facility settlement announced on 1 September 2025.

Application will be made for the Subscription Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM. Admission is expected to occur on or around 17 September 2025.