Fiinu Banking team sells partner bank products and lead our own banking licence initiatives.
We’ve built bank-grade technology and gone through the Bank of England new bank authorisation journey. Fiinu Bank was authorised in 2022 and it underwent the Bank of England’s mobilisation where new banks operate under restrictions while finishing build-out and controls. As part of that journey, Fiinu completed extensive regulatory readiness work and an independent technical audit by Grant Thornton of the Plugin Overdraft® technology platform.
Clarity Corner
Where Fiinu Bank stands now
The Bank of England mobilisation
The UK regulators (PRA/FCA) run a staged process for new banks: Application → authorisation with restrictions → mobilisation → full authorisation, with clear supervisory expectations throughout. Our journey progressed through authorisation and mobilisation; the next step requires capital before relaunch.
What we can offer today
Current scope
Cards: debit cards issued by AION Bank.
Credit: instalment loans, consolidation loans, and overdraft/credit limits on account provided by AION Bank.
Who these are for (Poland): Services distributed under this arrangement are for professional clients (e.g., sole traders acting professionally, legal entities, and organisations with legal capacity—not consumers).
Our role, clearly stated
AION Bank retains full regulatory control. The bank (and its supervisors) has audit/oversight rights over the services we perform, including IT audits and access to systems and records necessary for supervision.
Disclaimer.
Banking services shown on this page are provided exclusively by AION Bank SA/NV under its licences. AION Bank is a Belgian credit institution licensed by the National Bank of Belgium and the European Central Bank and operates in Poland via its local branch.
Fiinu is not current a bank and does not itself provide regulated banking services or hold customer deposits. In the UK, the former Fiinu Bank authorisation is not currently active; Fiinu may seek to re-obtain its bank licence when regulatory capital has been secured.
Loans
AION Bank provides instalment loans and consolidation loans to clients in Poland, allowing access to financing solutions such as scheduled repayments and combining multiple obligations into one loan. Fiinu acts as the onboarding intermediary, but the lending and credit risk reside solely with AION Bank.
Limits
Our clients in Poland can obtain overdraft facilities or credit limits attached directly to their settlement accounts opened with AION Bank. These provide flexible, short-term credit lines and are issued under AION Bank’s risk underwriting and regulatory framework. Fiinu facilitates access but is not the credit provider.
Account
Account products available in Poland include current (settlement) accounts, VAT accounts, and interest-bearing auxiliary accounts provided by AION Bank. These account types support everyday transactions, tax-related operations, and deposit functionality. Again, Fiinu enables the service interface, while AION Bank holds and operates the accounts.