Fintel

Fintel is a leading UK financial technology (FinTech) and adviser support business, combining regulatory and compliance expertise, software development and financial intelligence.

Its growth strategy centres on digital integration, strategic acquisitions and data-driven solutions for the growing financial advice sector. The company has a long list of very high-quality customers, including household name wealth managers, pension providers and price comparison websites. These blue-chip customers all generate recurring revenue for Fintel by subscribing to its data services and signing up for complementary services which help make their job easier.

The investment case is underpinned by recurring revenue growth, supportive macro factors, a sensible acquisition strategy and a transition to higher margin business lines. 

Financial services companies like Fintel must adhere to complex and evolving regulations covering financial advice, data protection, anti-money laundering and disclosure requirements, as set out by the Financial Conduct Authority. Any failure to comply could result in legal penalties, reputational damage and loss of client trust.

Cyber security is particularly relevant to Fintel given its role in providing technology and data solutions to financial advisors. The company handles sensitive information, making it a potential target for cyber threats.

Any breach or misuse could lead to severe reputational damage, legal liability and loss of trust among advisors and end clients. While the company has implemented strong measures, such as maintaining cyber security certifications, the risk remains.