RE: Tick Tock2 Jun 2026 11:37
Yes we seem to have passed Q1 and nearly at end Q2, given in the update on 24th Feb. High time that they give out some more information;
"Operational Update - Plugin Overdraft®
Fiinu Plc (AIM: BANK) provides an update on the planned launch of its Plugin Overdraft®, in partnership with Manx Financial Group Plc (AIM: MFX) and its subsidiary Conister Bank Limited ("Conister").
Fiinu notes the recent update by MFX, where it confirmed Conister had received regulatory approval for the Plugin Overdraft® product, and confirms that the parties are undergoing user acceptance testing ("UAT") of the agreed minimum viable product ("MVP"). All Fiinu-side final MVP configuration delivery dates are scheduled to be delivered this quarter. Further to these deliverables, Fiinu intends to develop an outbound third-party payment interface for Conister.
The Board notes that most of the core banking, AI-driven underwriting and servicing functionality is already operational in test environment. Whilst both parties had planned a Q1 2026 launch, there is now recognition that these final requirements mean that Conister is unlikely to launch until Q2 2026.
The Company intends to provide a further update on launch progress and early performance metrics in due course."