9fin secures £8m Series A investment led by Redalpine to fund US expansion.
Redalpine led the Series A round with participation from Fly Ventures and various angel investors to support growth across the Atlantic.
9fin provides an AI-powered data and analytics platform tailored for the global debt capital markets. The company helps financial professionals access critical credit information and streamline workflows.
London-based FinTech firm 9fin has secured an £8m Series A financing round led by Redalpine to fuel its expansion into the United States. The investment also drew participation from previous backers Fly Ventures, alongside angel investors Paul Forster and Alan Morgan, and Ilavska Vuillermoz Capital.
The capital will support the company as it establishes a new office in New York and launches a dedicated US product. In addition, the firm plans to double its headcount before the end of the year to meet growing international demand.
Founded by university friends Steven Hunter and Hussam El-Sheikh, 9fin leverages machine learning to automate data extraction and provide real-time intelligence for debt capital markets. The company counts numerous top-tier investment banks and asset managers among its clients.
From the founder
"Debt capital markets is the world’s largest asset class, but it operates using the worst quality data, information, and technology. Many companies in this space aren’t large listed businesses, they’re privately owned, that means important information about them isn’t readily or easily available."
Steven Hunter
Co-founder and CEO at 9fin
Investor perspective
"We are delighted to back Steven and Huss, they’re an incredibly driven team who have the ambition, network, and know-how to turn 9fin into a massive business. They have deep industry expertise in debt capital markets and have experienced the pain of poor-quality information first hand. Faster, better quality data has huge value within this space. Whether that’s predictive analytics to spot new business opportunities or freeing up an analyst team’s time through automating the manual collection of data."
Aleksandra Laska
Partner, Redalpine
Use of funds
- 01Expand into international markets
- 02Grow the team
- 03Continue product development
