Fintel has been on an acquisition spree, with nine deals under its belt in the past 12 months. As the group pushes pause on its buying streak, PA news editor Sahar Nazir delves into its acquisitive history and what's next.
Huddersfield-headquartered Fintel's leadership have big ambitions for the group. Chief among them, becoming the "Bloomberg of retail" for intermediary businesses, according to Fintel joint CEO Matt Timmins. "This market is highly fragmented, with thousands of IFAs and mortgage brokers requiring compliance and regulatory support," Timmins said. On average, advisers use nine different fintech solutions, adding complexity to their work, according to stats cited by the joint CEO. Enter, Fintel. Its leadership team has sniffed out what it sees as an opportunity to build a connected plat...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
