Fintel, the parent company of Defaqto and SimplyBiz, has invested in Plannr Technologies, taking an initial 25% equity stake in the start-up.
The fintech and support services provider made the investment through Fintel Labs, a new venture designed to "foster innovation in the sector through supporting emerging financial technology". It explained Plannr is an early-stage modern technology company, providing specialist customer relationship management (CRM) capability for financial advisers, planners, and wealth managers. It added that Plannr had developed an "intuitive" workflow which required limited training and is "easy to onboard and operate". The business has been running for more than a year with a pilot group of ad...
To continue reading this article...
Join Professional Adviser for free
- 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