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Fintel plc held its Annual General Meeting on 20 May 2025. The company provided a trading update, reporting that trading is in line with the Board's expectations. Fintel plc also completed the acquisition of RSMR and onboarded six new customers following the launch of its market intelligence software, Matrix 360.
| Date | 20 May 2025 |
| Time | 07:00:03 |
| Category | Trading updates |
| ID | 2764J |
20 May 2025
Fintel plc
(the "Company", the "Group" or "Fintel")
Annual General Meeting
Trading Update
Fintel plc (AIM: FNTL), as previously announced, is holding its Annual General Meeting ("AGM") today at 10am BST at Fintel House, St Andrew's Road, Huddersfield, HD1 6NA.
Trading update
Fintel is pleased to report that it continues to execute against its strategy and that trading is in line with the Board's expectations.
The Group has made further strategic progress, completing the previously announced acquisition of RSMR, and onboarding six new customers following the successful launch of our market intelligence software, Matrix 360, into the General Insurance market.
The Board remains confident in Fintel's ability to achieve further progress and is committed to delivering sustainable growth while maintaining a disciplined approach to capital allocation.
We look forward to updating shareholders in our half-year trading update in July 2025, and in our interim results expected to be announced in September 2025.
For further information, please contact:
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Fintel plc Matt Timmins (Joint Chief Executive Officer) Neil Stevens (Joint Chief Executive Officer) David Thompson (Chief Financial Officer) |
via MHP Group |
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Zeus (Nominated Adviser and Joint Broker) Martin Green Dan Bate |
+44 (0) 20 3829 5000 |
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Investec Bank (Joint Broker) David Anderson Kamalini Hull |
+44 (0) 20 7597 5970 |
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MHP Group (Financial PR) Reg Hoare Veronica Farah Lexi Iles |
+44 (0) 7710 117 517 |
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Notes to Editors Fintel is a leading fintech and support services business, combining the largest provider of intermediary business support, Simplybiz, and the leading research, ratings and Fintech business, Defaqto. Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions. We serve our customers through three core divisions: The Intermediary Services division provides technology, compliance, and regulatory support to thousands of intermediary businesses through a comprehensive membership model. Members include directly authorised IFAs, Wealth Managers and Mortgage Brokers. The Distribution Channels division delivers market Insight and analysis and targeted distribution strategies to financial institutions and product providers. Clients include major Life and Pension companies, Investment Houses, Banks, and Building Societies. The Fintech and Research division (Defaqto) provides market leading software, financial information and product research to product providers and intermediaries. Defaqto also provides product ratings (Star Ratings) on thousands of financial products. Financial products are expertly reviewed by the Defaqto research team and are compared and rated based on their underlying features and benefits. Defaqto ratings help consumers compare and buy financial products with confidence. For more information about Fintel, please visit the website: www.wearefintel.com
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