5 December 2022

Fintel named 'Outstanding Company to Work For' by Best Companies 2022

Fintel listed as one of the top 20 financial services companies to work for in the UK

Fintel, the leading provider of Fintech and support services to the UK retail financial services sector, has been accredited by Best Companies as an ‘Outstanding Company to Work For’ and one of the 20 ‘Best Companies to Work For’ in the UK financial services sector. 

The accreditation recognises Fintel as a connecting force across the financial services sector “powered by an outlook of positivity”. Fintel outperformed the index based on its employee longevity, investment in staff, professional development opportunities and “thriving” work culture. 

Significant assessment results included:

  • 92% of staff said their manager talks openly and honestly with them  
  • 90% of staff feel they can make a valuable contribution to the success of the organisation
  • 81% of staff agreed they are happy with the balance between their work and home life

Fintel has developed an ESG strategy to inspire better outcomes across the financial services sector, built on three pillars: Better Business, Better Industry, Better Future. This includes empowering its people and creating opportunities for all by promoting diversity, learning and financial confidence through its ‘Thriving Workforce’ plan.

Based in Huddersfield, Fintel employs 480 people operating under its SimplyBiz and Defaqto brands. The Company has built strong staff engagement which has led to the employee tenure exceeding the UK average1 at 5.9 years. In addition, Fintel has achieved a Peakon engagement score of 8.2/10 vs. the industry average of 8.0/10.

Matt Timmins, Joint CEO of Fintel, commented:

“We’re delighted to be awarded this accolade by Best Companies, made all the more important as it’s been voted for by our people. Embracing employee feedback is a fundamental part of our culture as we focus on building an environment where everyone can thrive and we’re very proud to have this recognised via our Best Companies achievement. Our people are our driving force, and when they succeed, so does the business. Thank you to everyone who makes Fintel what it is.”

Best Companies is a widely respected UK workplace certification programme that measures and recognises workplace engagement. Based on an anonymous employee survey, it tracks engagement and generates a score for each employer which determines their accreditation and position in the league tables relative to other businesses.

 

1 UK average 5.5 years - Average Tenure | HR KPI Library | Profit.co 

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“Our resilient operating cashflow conversion, combined with our enhanced funding capacity provide considerable financial agility as we pursue strategic acquisitions, and we remain confident that Fintel is in a strong position to deliver both our strategic goals and growth ambitions.”

Matt Timmins, Joint CEO

"Schroders and Fintel have worked closely together for a number of years and I am delighted that they have chosen to further strengthen this relationship by joining our Risk Controlled range. Fintel exists to help the market operate more effectively and with the continued success of the Managed Distribution and Risk Controlled we continue to deliver the technology and insight led solutions the industry needs to ensure better consumer outcomes."

Matt Timmins Joint CEO 

"Fintel has delivered a solid financial performance in the first half of the year, trading in line with expectations. Growth in our core business has been strong, delivering increased revenues, earnings and cash, while maintaining EBITDA margin and quality of earnings. We are confident of meeting our full year expectations and longer-term growth ambitions."

Matt Timmins Joint CEO