Simon Thompson 

Defaqto acquisition to drive SimplyBiz share price to new highs

Simon Thompson

Simon Thompson

SimplyBiz (SBIZ:204p), a provider of compliance, business and technology services to 3,726 financial intermediaries, has announced the earnings accretive acquisition of Defaqto, a financial technology business operating a fintech platform for 8,500 advisers and providing independent ratings of financial products and funds.

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