24 Oct 2026
Fintel buys Mortgage Brain outright for £38.4m
The adviser services group took a 5.8% stake in March 2024 and now owns the mortgage sourcing and submissions provider. Its chief…
Fintel plc is a Huddersfield-based UK financial services group combining adviser software, product data and ratings, and support services, and on 23 October 2026 bought the rest of Mortgage Brain Holdings for 38.4 million pounds.
Fintel plc is a UK group that links product providers, intermediaries and consumers in retail financial services through technology, research and support services. Its registered office is Fintel House, St Andrew's Road, Huddersfield, and the company is listed on AIM under the ticker FNTL. It describes its job as taking complexity out of a fragmented market. The group is organised around a Software and Data division and a services business.
Fintel supports product development with consumer behaviour research and expert analysis, helps providers reach intermediaries, and runs a ratings service that it says improves consumer choice. Its brands include Defaqto, which supplies financial product and market intelligence, and SimplyBiz, which provides business and regulatory support to financial professionals. A further service gives compliance and business support to financial planners and wealth managers through a menu of options. The group also holds a 49% stake in Plannr, an adviser operating platform.
On 23 October 2026 Fintel announced it had acquired the remaining equity in Mortgage Brain Holdings Limited for a total of 38.4 million pounds. It had bought a 5.8% stake in March 2024. The company says the purchase adds mortgage sourcing, criteria, affordability, CRM and submissions tools to its Software and Data division, and that Mortgage Brain already has a two-way link with Plannr. Zahid Bilgrami, until now chief executive of Mortgage Brain, will lead the Software and Data division. Chief executive Matt Timmins also points to Mortgage Brain's work on advice quality review. In its half-year results for the six months to 30 June 2026 the group reported a 16.6% rise in EBITDA from continuing operations.
Registered office: Fintel House, St Andrew's Road, Huddersfield HD1 6NA, England Company number: 09619906 Listing: AIM, ticker FNTL CEO: Matt Timmins Brands: Defaqto, SimplyBiz, Plannr (49% stake), Mortgage Brain (from October 2026) Latest deal: Mortgage Brain Holdings, 38.4 million pounds, announced 23 October 2026 Founding year and headcount: not stated
Profile written by TrustList from the business's own published information, Oct 2026.
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Updated 10/24/2026
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