The Huddersfield-based fintech firm Fintel has announced a "transformational" set of annual results, with revenues climbing to £85.9 million for the year ended 31 December 2025.

The Group, which provides technology and support services to the UK retail financial sector, saw a 10% increase in turnover compared to the £78.3 million reported the previous year. This growth was largely driven by the company’s shift toward a software-as-a-service (SaaS) and subscription model, which now accounts for 57% of its total income.

Operating from its Yorkshire headquarters, Fintel underwent a significant internal restructure during the year. The business has been split into two distinct divisions—Software & Data and Services—to streamline operations and accelerate the integration of recent acquisitions.

Financial Resilience and AI Investment

Adjusted EBITDA rose by 17% to £25.9 million, slightly exceeding market expectations. Despite a net debt position of £31.1 million following a period of active investment, the firm maintains a strong balance sheet with £17.3 million in cash and substantial headroom in its revolving credit facility.

The company highlighted significant progress in its technology suite, including the onboarding of 23 institutional customers to its "Defaqto Matrix360" intelligence software. The Group also noted ongoing investment in artificial intelligence and digital compliance solutions designed for its extensive membership base of financial advisers.

Strategic Outlook

The report follows the January 2026 acquisition of Pearson Ham’s Market Pricing Business, a move expected to boost earnings in the coming year.

Matt Timmins, CEO of Fintel plc, said: “2025 has been a transformational year for Fintel, underpinned by our new simplified operating structure. This has reshaped the business with focus and ambition, whilst strengthening our position as a technology-driven platform for the UK retail financial services market.

“With market-leading technology and data solutions targeting a significant customer base, and a resilient, cash-generative model with a strong balance sheet to fund investment, we enter 2026 strongly positioned to seize the significant growth opportunities ahead.”

Fintel, which is traded on the London Stock Exchange’s AIM market, intends to announce its full results on 17 March 2026, followed by a capital markets event in April.