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FinTech Fiinu massively narrows annual losses & monthly burn rate
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FinTech Fiinu massively narrows annual losses & monthly burn rate
Listed FinTech Fiinu massively narrowed its operating loss for FY24, with it dropping from £7.2m in FY23 to just £700,000 this year. The Surrey-based firm has also successfully cut its monthly expenditure from £600,000 to £45,000 in an attempt to streamline its operations. The business was recently boosted after a £1.25m equity raise in February this year and it also appointed international finance veteran Dr Feyzullah Egriboyun as group CFO in…
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