Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Fintel makes investment into Plannr Technologies

21st Jun 2023 13:52

Fintel PLC - Huddersfield, England-based technology and support provider for the retail financial services sector - Invests into financial technology company Plannr Technologies Ltd. Says it will take an initial 25% equity stake in the business, as well as provide financial support through a short term loan. Says investment is through Fintel Labs venture. Says Fintel's financial information, ratings and Defaqto business will integrate Plannr's customer relationship management system. Says integration will "allow advisers to store customer data, create workflows, conduct financial planning, cash flow analysis, create suitability reports and publish to a dedicated customer portal."

Current stock price: 197.00 pence, up 1.7% on Wednesday

12-month change: down 3.0%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


Related Shares:

Fintel
FTSE 100 Latest
Value8,809.74
Change53.53