Timeline secures £10m Series B funding from BlackFin Capital Partners to expand its technology platform for financial advisers.
BlackFin Capital Partners led the Series B round, which will fund product development and market expansion.
UK financial technology company that develops an end-to-end planning platform and model portfolio service for independent advisers. Founded in 2018, it aims to help people approach retirement with financial confidence.
Timeline has secured £10m in a Series B funding round led by BlackFin Capital Partners, with participation from existing backers including Mtech Capital, Darren Carter, and Adam Seale. The company provides integrated software and model portfolios for independent financial advisers across the United Kingdom. The capital will be used to develop new product features, improve existing modules, and extend the firm's market presence.
The business recently surpassed £3bn in assets under management and aims to rank among the top three technology providers for advisers within three years. Approval for the transaction has been granted by the Financial Conduct Authority.
From the founder
"This financing round will enable us to double down on our mission of providing financial advisors with cutting-edge technology that simplifies their workflow, elevates the client experience, and ultimately improves financial outcomes for millions of people in the UK. I’m truly delighted that our mission has resonated so deeply with financial advisers and our valued investors. The UK’s financial advice market represents a staggering £1 trillion in AUM, and we aspire to rank among the top three providers of technology and Model Portfolio Services for IFAs within the next three years."
Abraham Okusanya
Founder and CEO at Timeline
Investor perspective
"We were highly impressed by Abraham and his team and are thrilled to be supporting them as part of their journey to deliver better outcomes for IFAs and their clients. Timeline has demonstrated a profound understanding of the financial advisory landscape and a resolute commitment to delivering innovative solutions. We are convinced there are a lot of growth opportunities ahead of them."
Loic Fonteneau
Lead for Blackfin Capital Partners, BlackFin Capital Partners
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
Investors
Categories
About the company
Timeline
Timeline provides financial planning technology and model portfolios for advisers.