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(Sharecast News) - Fintech group Fintel hailed 2025 as a "defining year" and said it had made a strong start to 2026, as it outlined plans for a new joint venture to create an AI-led financial advisory platform.
Full-year revenues were up 10% at 85.9m, helped by 7.0m of inorganic growth compared with 2024. SaaS and subscription revenues were 9.6% higher at 48.7m.
Adjusted EBITDA jumped 16.6% to 25.9m, which the company said was driven by acquisitions and new launches, with the EBITDA margin rising to 30.1% from 28.3%.
The firm declared a final dividend of 2.5p per share, taking the full-year payout to 3.8p per share, up 4.1% year-on-year.
"2025 has been a defining year for Fintel, creating a simpler, more unified and scalable platform that sets the foundation for the next phase of our growth," said chief executive Matt Timmins.
"Technology, data and regulation continue to reshape the UK retail financial services market, and Fintel's unique combination of market-leading software, enriched proprietary datasets and insights, and distribution platforms, places us at the centre of this transformation."
Timmins said Fintel had started 2026 with "clear strategic momentum, high levels of recurring revenues and a stronger platform enabling opportunities for organic growth". Trading has been in line with the board's expectations, he said.
In a separate statement, Fintel announced a new agreement with Intellect Design Arena to launch a JV company to develop and commercialise an AI-led financial advisory platform for the UK market.
The 50:50 JV will see both parties invest 5m each, combining Fintel's data, distribution and customer relationships with Intellect Design Arena's AI-led technology and global financial services expertise.
"Combined with our unrivalled UK distribution, customer relationships and proprietary data assets, we believe the Joint Venture has the potential to materially enhance the quality and accessibility of financial advice in the UK - and to create meaningful long-term shareholder value for Fintel," Timmins said.
Fintel shares were up 0.7% at 191.35p by 1001 GMT.
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