Ken Davy, chairman of fintech Fintel, is to step down as planned as chairman of the company at its AGM today.

Ken Davy, the founder of Fintel - the financial fintech and support services firm which owns SimplyBiz and Defaqto - is to step down as chair in May.

Adviser support network SimplyBiz has partnered with Usay Compare to offer a private medical insurance (PMI) referral service to its members.

Fintech and support services firm Fintel reported a 4% rise in total revenue growth in 2022 despite what it termed “the challenging macroeconomic climate.”