Fintel poised to act on high-tech acquisition opportunities

CEO Matt Timmins discusses acquisitions and investments in technology

Sahar Nazir
clock • 2 min read

Fintel is “on the lookout” for businesses with a strong customer base, cutting-edge technology and products as it invests to expand its Fintel IQ platform.

"We're always looking for businesses that align with our model, and we'll act on any opportunity that fits this year," Fintel CEO Matt Timmins told PA. His comments have come after Fintel reported growth for 2024, with revenue increasing 22% to £68.9m from £56.6m in 2023. This is after the firm acquired four businesses during the period. Statutory profits increased 6.3% to £15.3m in 2024. The firm purchased four businesses last year, with the purchase of RSMR completing in January. The acquisitions delivered combined core revenues of £7.5m during the period. Fintel's acquisition st...

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

Join

 

Already a Professional Adviser member?

Login

More on Companies

Wealth firm Logic Investments enters special administration

Wealth firm Logic Investments enters special administration

Following FCA requirement preventing it from taking on clients

Isabel Baxter
clock 19 January 2026 • 1 min read
Tyne and Wear advice firm declared failed by FSCS

Tyne and Wear advice firm declared failed by FSCS

Hanson Financial Partners is no longer trading

Isabel Baxter
clock 16 January 2026 • 2 min read
CII to move global HQ

CII to move global HQ

Based at 30 Old Broad Street from March

Isabel Baxter
clock 14 January 2026 • 2 min read