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...

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