Fintel plc said on 23 October 2026 that it had acquired the remaining equity of Mortgage Brain Holdings, a UK mortgage technology provider, for £38.4m net of cash, taking full ownership after buying a 5.8% stake in 2024.
Why Fintel plc is buying Mortgage Brain Holdings Limited (remaining 94.2%)
Fintel said the deal strengthens its Software & Data division with mortgage sourcing, criteria, affordability, CRM and submissions tools, and positions it as a software provider across wealth, mortgage and multi-disciplinary advice firms. Mortgage Brain already integrates with Plannr, the adviser platform in which Fintel holds 49%.
“Mortgage Brain is a high-quality software business with strong recurring revenues, attractive growth characteristics and a leading position in the UK intermediary market.”
Deal terms and financing
Fintel paid £28.9m in cash on completion from existing resources, with £9.5m deferred for 18 months. Mortgage Brain is expected to deliver about £12m of revenue and £3.8m of EBITDA in 2027, and the deal is expected to add to earnings in FY27.
Market context
Mortgage Brain Holdings also owns AE3 Media, a mortgage and protection media and events business. Its chief executive, Zahid Bilgrami, previously led Fintel's Defaqto ratings business and will now run the group's Software & Data division.
