Fiinu – Banking for everyone

TSI announces securing an investment in Fiinu.

Fiinu is a digital banking start-up undergoing the Bank of England authorisation process. It is a bespoke in-house developed decision engine that predicts the behaviour of short-term debtors more accurately. Customer’s eligibility will be calculated using hundreds of rules and inter-linkages between non-financial pieces of data. Once authorised, the bank will lend its long-term depositors’ savings on a short-term basis to consumers who are underserved in relation to the choices available for small and ad-hoc credit needs.

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