North East fintech firm True Potential has boosted sales and profits after making investments into its successful tech platforms.
The Newcastle-based wealth management and investment technology business last year sold a majority stake to private equity firm Cinven in a deal that reportedly valued it at £2.5bn.
Now the company, which was founded in 2007 by chairman David Harrison and his son Daniel, now the chief executive, has published accounts showing turnover jumped 52% to £281m, while profits increased by 80% to £132m.
