SPARK Advisory Partners acted as Nominated and Financial Adviser to Fiinu plc (AIM: BANK), the fintech group and creator of the Plugin Overdraft®, on the reverse takeover of Everfex P.S.A. and subsequent re-admission to trading on AIM.
Everfex owns the Stały Kurs business in Poland. Stały Kurs was established in September 2019 to provide currency hedging solutions. The business serves small and medium-sized businesses exposed to Polish Zloty fluctuations against all major currencies. Over the years Stały Kurs had developed into a key player in the Polish market, specialising in supporting import and export businesses with currency exchange. Stały Kurs has demonstrated year-on-year growth in revenue and profitability, primarily driven by the expansion of its client base and improved operational efficiency.