Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said profits grew 11.2% in the six months to 30 June to £11.8m.
Continuing revenue rose 5.3% to £38.6m, up from £36.7m in 2025.
The company said the increase reflected organic growth and the contribution from the acquisition of Pearson Ham's market pricing business.
SaaS (software as a service) and subscription revenue rose 7.9% to £26.1m year-on-year. Organic revenue rose 2% to £37.4m (revenue not attributable to acquisitions), driven by growth in its software and data services.
Matt Timmins, CEO of Fintel, said: “We continue to execute our strategy, strengthening our proprietary data and increasing our focus on scalable, higher-margin revenues.”
He said the acquisition and integration of Pearson Ham's market pricing business “enhanced our market intelligence capabilities and supported the continued rollout of our Market intelligence platform (Matrix 360).”
He said the firm further leveraged its data, technology and regulatory expertise through the launch of its AI-enabled compliance and oversight platform, strengthening its intermediary proposition and expanding technology adoption across adviser firms.
Mr Timmins added: “In addition, the investment we have made into Plannr (CRM Operating System) has allowed the business to accelerate at a material pace. Plannr’s modern approach to design and engineering puts it at the forefront of the market in terms of capability, usability and flexibility. As a result, Plannr has a significant pipeline of licensees who have actively chosen the solution to power their businesses for the future.”
The fintech and adviser support services firm has made a number of acquisitions over the past year
In January Fintel spent £11m to buy Pearson Ham Group’s market pricing business.
The business supplies proprietary pricing data to the UK insurance industry and will become part of Fintel’s ratings and software business Defaqto.
Last September Fintel launched a new distribution platform called Omnicore to provide a direct link between advisers and providers.
The company has also made disposals, selling Gateway Surveying Services and PLS Legal & Associates, as part of its simplification of its group
It has also heavily invested in artificial intelligence, with all advice firm customers of Simplybiz and Threesixty receiving access to AI-powered file checks across every advice case from August.
Fintel owns a number of UK fintech and support businesses including Defaqto, Simplybiz and Threesixty.