Acquisitions and subscriptions boost Fintel
Leeds fintech firm, Fintel has delivered a strong first half driven by strategic acquisitions and new product launches.
In the six months to June 30, Fintel reported an 18.6% rise in total revenue to £42m. Underlying organic growth stood at 4.2%, with SaaS & subscription revenues up 21.0% to £24.2m.Adjusted EBITDA rose to £11.2m, up 17% from the prior year, though margin pressures slightly compressed. Fintel also boasts a healthy balance sheet: cash o... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
