Fintech Fintel reports 5.6% adjusted EBITDA increase to £20.5M for 2023, expecting mortgage market recovery in 2024.

Fintech company Fintel, based in Huddersfield, reported a 5.6% increase in adjusted EBITDA to £20.5M for the year ended December 31, 2023. The company completed 4 acquisitions in 2023 and expects interest rates and housing market activity to improve in 2024, providing a recovery in the mortgage market. Fintel's growth is attributed to a combination of M&A and organic growth, with a focus on strengthening its position in the market through acquisitions.

March 19, 2024
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