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Fintel (AIM: FNTL), the leading provider of Fintech and support services to the UK retail financial services sector, is pleased to announce the appointment of Phil Smith as Independent Non-Executive Director with immediate effect.

''We have delivered strong results during a year of significant strategic progress and continued robust financial performance. Revenues, EBITDA and recurring income have all increased in line with expectations driven by organic growth, strategic enterprise partnerships and the expansion of our proprietary advice technology. We are well positioned for further growth.''

Matt Timmins Joint CEO

20 partners have now converted to the Managed Distribution Service, including leading brands such as Fidelity, Aviva, Just, Guardian, Schroders, BMO, Premier Miton, Carmignac and Tatton.

Robust financial performance. Significant strategic progress. Positioned for strong and sustainable growth.

The announcement follows news earlier this month of a first-of-its-kind partnership with Aviva and Aviva Investors, and deals with leading brands including Fidelity, Just, Guardian, Schroders and Tatton throughout 2021.

Fintel announces a major distribution partnership spanning Aviva and Aviva Investors in a multi-year agreement for its new Distribution as a service (Daas) solution.

“I am delighted to report that Fintel delivered a robust financial performance in the first half of the year, and we remain confident of meeting our full year expectations. We have significant financial resources to match our ambitions for the business, both in terms of accelerating organic growth and creating value through acquisitions.” Matt Timmins, Joint CEO 
 

Fintel and Tatton Asset Management have forged a new Fintech, Asset Management and Distribution Partnership, bringing together their market leading solutions for the benefit of Adviser Firms. 

The managed distribution service, launched in 2021, is a first-of-its-kind solution spanning research, data, design and targeted distribution.