Fiinu Announces New CFO amid FinTech Leadership Shakeup
Portfolio - People | Mar 05, 2025 | Business Cloud
Fiinu, a FinTech firm based in Surrey, has appointed Dr. Feyzullah Egriboyun as its new Group CFO. Egriboyun, an experienced finance professional with over two decades of experience spanning Turkey, New York, and London, has worked with renowned financial institutions such as BNP, UBS, and Deutsche Bank. Previously, he served as CFO at Vive Bank and OneDome. Alongside Egriboyun, Fiinu announced the reappointment of Timo Rinne as head of technology and Albert Owen III as head of operations. Rinne, who brings expertise in open banking and AI, will oversee the technological deployment of Fiinu's Plugin Overdraft platform, set to launch in late 2025 as a white-label solution for UK banks. Albert Owen III will focus on operational mobilization of the platform. Following these leadership changes, Fiinu's market share value increased, reflecting positive investor sentiment. The appointments mark a critical step in Fiinu's strategic plan to expand their technology's reach through partnerships.
Sectors
- FinTech
- Banking
Geography
- United Kingdom – Fiinu's operations and market activities are primarily focused in the UK, as indicated by the development of a white-label banking platform for UK banks.
Industry
- FinTech – The article discusses Fiinu, a financial technology company involved in the development and deployment of open banking solutions and AI-based technology.
- Banking – Fiinu's Plugin Overdraft platform is aimed at providing a white-label solution to UK banks, signifying its relevance to the banking sector.
Financials
- 1.5m – Financing secured by Northcoders, mentioned in the context of a separate development.
- 25.54m – Market capitalization of Fiinu.
- 8.55p – Share price of Fiinu before announcements on Tuesday.
- 9.38p – Share price of Fiinu after appointments announced on Wednesday.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fiinu | Target Company | Company | A Surrey-based FinTech firm that specializes in developing innovative banking technologies like the Plugin Overdraft platform. |
| Dr. Feyzullah Egriboyun | CFO | Person | The newly appointed CFO of Fiinu with extensive experience in international finance at major financial institutions. |
| Timo Rinne | Head of Technology | Person | Reappointed to lead the technical aspects of Fiinu's Plugin Overdraft platform. |
| Albert Owen III | Head of Operations | Person | Reappointed to oversee the mobilization of Fiinu's technology platform. |
| Northcoders | Other Company | Company | Mentioned in relation to AI bootcamp and financing, but not directly linked to Fiinu's operations. |