Fintel announced today its first investment through the newly established Fintel Labs. The investment was made in Plannr Technologies, a start-up specialising in customer relationship management (CRM) solutions for financial professionals.
The investment will facilitate Plannr’s integration into Defaqto Engage, a financial planning software under the Fintel umbrella.
This will provide financial advisors with a comprehensive solution, allowing them to store customer data, create workflows, conduct financial planning, analyse cash flow, generate suitability reports, and publish to a customer portal.
Plannr has been operating with a test group of advisers over the past year, honing its product in preparation for a large-scale launch. The workflow is designed to be intuitive and user-friendly, requiring minimal training to operate.
This investment is part of Fintel’s ongoing strategy to bolster its technology and data footprint. It marks a significant step in the company’s expansion and revenue growth plans.
“Fintel is excited to invest in Plannr, a company that embodies modern technological thinking,” said Matt Timmins, joint CEO of Fintel. “We believe Plannr’s CRM capability will streamline advisory services, resulting in improved consumer experiences.”
Gareth Thompson, Plannr founder and CEO, expressed his enthusiasm for the partnership, added: “Fintel’s commitment to innovation makes it an ideal partner for us as we continue to refine and scale our financial planning CRM offering.”
