UK-Based Fiinu Discloses £12M Purchase of Foreign Exchange Brokerage Firm Everfex

Fiinu has announced the proposed acquisition of foreign exchange brokerage Everfex P.S.A. in a transaction valued at up to £12 million. Under the terms of the agreement, Fiinu will issue 80 million new ordinary shares to Granicus Holdings O.Ü, the sole owner of Everfex, at a price of 10 pence per share, equating to an initial consideration of £8 million.

An additional £4 million may be payable if Everfex meets certain performance targets after 1 January 2026. This further consideration would be settled via 20 million new Fiinu shares at 20 pence each. Fiinu also plans to raise approximately £800,000 through a conditional subscription of new shares.

Strengthening Services for SMEs

Commenting on the move, Dr Marko Sjoblom, Fiinu's Chief Executive Officer, said: “The proposed acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Everfex represents a significant step forward in Fiinu's strategic journey, broadening our presence in the foreign exchange market and strengthening our capabilities in serving SME customers across Europe.”

“My objective, which is linked to my proposed new long-term incentive arrangements, is to increase the Company's valuation and share price by 1,000% within the next 36 months. The acquisition of Everfex is the first step toward achieving it.”

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Everfex is an FX brokerage business that reportedly completed over $1 billion in spot, swap, and forward contracts in 2024. For the four months ending 30 April 2025, the company recorded an unaudited profit before tax of over £600,000, according to the London Stock Exchange report.

Earlier Restructuring Deals

Everfex was formed following the acquisition of Stały Kurs sp. z.o.o. on 1 January 2025. Stały Kurs was established in 2019 in Poland and provided currency hedging services to SMEs exposed to Polish Zloty exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term rate movements. Everfex continues to trade under the Stały Kurs brand in Poland.

In 2023, Stały Kurs underwent a management change and business restructuring, including the appointment of CEO Karol Oleksa and the introduction of stronger risk controls and governance. The business recorded growth in revenue and profitability, driven by an expanding SME client base.

In July 2025, Everfex was transferred to Granicus Holdings in preparation for the current proposed transaction. The company also plans to broaden its service offering by pursuing regulated foreign exchange payment services, subject to licensing.