On Wednesday, Fiinu announced plans to obtain EverfEX mediation in foreign currencies for 12 million pounds, which represents a major step in the company’s growth strategy.
The acquisition, according to the approval of the shareholders, will constitute an inverse acquisition under AIM, which leads to a temporary suspension of Fiinu shares from 7.30 am on August 7.
The deal includes a preliminary payment of 8 million pounds by issuing 80 million new shares in 10 pixels each.
4 million pounds may be released in stocks if EverfEX meets performance goals in 2026.
To support the transaction, Fiinu also collects about 800,000 pounds through a joint participation subscription. New shares will represent about 2.12 % of expanded capital.
EverfEx was established in 2025 after acquiring the Polish FX company Stały Kursters, where it established more than 600,000 pounds from pre -tax profits in the four months to April and executed more than a billion dollars in contracts in 2024.
The company has witnessed a rapid growth at the base of the customer of small and medium companies and plans to expand the regulating FX payment services.
Dr. Marco Sougiba, CEO of Fiinu, said that the deal “represents an important step forward on the Fiinu strategic trip,” and aims to increase the company’s ten years evaluation in three years.
Fiinu has also announced the changes of the Board of Directors. CFO DR FEYZULAH EGRIBOYUN will leave later this month for family reasons, as operating manager Michael Hobton interferes in the temporary financial manager. Hobton previously spent 14 years in Standard Chartered.