Directorate Changes

Fintel PLC

23 October 2026

 

23 October 2026

Fintel plc

("Fintel", the "Company", the "Business" or the "Group")

Directorate Changes

Fintel (AIM: FNTL), a leading provider of software, data and support services to the UK Retail Financial Services sector, today announces changes to its Board of Directors (the “Board”).

Phil Smith, the Chair of Fintel, has been appointed by the Board as Executive Chairman. As part of Phil’s additional executive duties, he will lead the integration of the Mortgage Brain acquisition, also announced today, and will drive broader transformation across the business, with a particular focus on the acquired portfolio and back-office operations.

Phil has extensive experience of integrating businesses within the financial services sector, having founded and served as the Group CEO of Embark Group, creating a £42bn assets under administration platform through a programmatic M&A and integration strategy. In his new role, Phil will be able to apply his considerable industry and operational experience as Fintel accelerates the development of integrated, technology-led propositions for financial intermediaries and product providers.

The Board has agreed that Phil’s appointment as Executive Chairman is expected to be for a period of 12 -18 months, following which it is anticipated that Phil will resume his post as Non-Executive Chairman.  It is expected that Phil will dedicate 4 days per week initially to the business, with that commitment reducing over time.

Phil’s appointment will create capacity for Matt Timmins, Chief Executive Officer, to further leverage his deep sector-expertise and extensive network to capture the growing market for modern technology-led solutions in the retail financial services sector. He will also apply additional focus to the development and expansion of the Group’s enterprise sales pipeline to drive organic revenue growth.

To further support the Group’s growth strategy, David Thompson, Fintel’s Chief Financial Officer, has been appointed to the new role of Chief Financial and Operating Officer, assuming responsibility for centralised group functions including technology, IT infrastructure, human resources, legal and risk, alongside his existing CFO responsibilities. David will work closely with Matt and Phil on the integration of Mortgage Brain and the enhancement of shared functions within the Group to realise efficiencies and enhance capability across the business.

Following these changes, the Board will comprise three non-executive directors and three executive directors. The Board is already in the process of sourcing an additional independent non-executive director to add further balance, rigour and challenge to the Board.

For further information please contact:

Fintel plc Phil Smith (Executive Chairman) Matt Timmins (Chief Executive Officer) David Thompson (Chief Financial and Operating Officer)	via MHP Group
Cavendish (Nominated Adviser & Joint Broker) Marc Milmo Neil McDonald Pearl Kellie	[phone]
Panmure Liberum (Joint Broker) James Sinclair-Ford Rupert Dearden Inaya Rafiq	[phone]
Peel Hunt (Joint Broker) Benjamin Cryer Kate Bannatyne Alice Lane	[phone]
MHP Group (Financial PR) Reg Hoare Matthew Taylor Lexi Iles	[phone] [e-mail]
Notes to Editors Fintel is a leading provider of software and services to the UK retail financial services sector. Through its two divisions, Software & Data and Services, and portfolio of trusted brands including Defaqto, Simplybiz and threesixty, Fintel provides technology and expert support services to thousands of intermediary businesses, data and distribution services to hundreds of financial institutions, and expert product ratings that empower millions of consumers to make better informed financial decisions. For more information about Fintel, please visit the website: www.wearefintel.com

 

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