Manx Financial Group’s (LON:MFX) first-half results for 2025 are in and they’ve beat expectations. In a conversation with Group Financial Director James Smeed, we get a clear view of what’s powering the company’s sharp uptick in profitability: a strategic focus on efficiency, a surging loan book, and a fintech partnership that could reshape how the group serves its growing customer base. With Payment Assist and Conister Bank both hitting major milestones, and a high-margin overdraft product launching via new partner Fiinu, this interview looks at the moving parts behind a record-breaking performance, and what’s coming next.
Key Moments:
00:41 – Record £4.1m pre-tax profit (+16% YoY)
01:07 – Net interest income margin up to 62.4%
01:30 – Lending yield climbs from 6.9% to 7.6%
02:18 – Payment Assist reaches £97.6m in lending
03:00 – Conister loan book hits £382.9m
04:28 – Payment Assist volume hits £100m
07:17 – Why the Fiinu overdraft deal is a game-changer
09:33 – November target for Finu product launch
10:20 – Watchouts for UK credit risk post-budget
Company Summary:
Manx Financial Group Plc is a diversified financial services business headquartered in the Isle of Man. Its subsidiaries include includes Conister Bank Limited, Conister Finance & Leasing Ltd, MFX Limited, Payment Assist Limited, Blue Star Business Solutions Limited, Edgewater Associates Limited, Ninkasi Rentals & Finance Limited and The Business Lending Exchange Limited.
