4 years ago

9fin Raises £8 Million to Expand into US Debt Capital Markets

  • 9fin, a London-based provider of data, news, and predictive analytics for debt capital markets, has secured £8 million in Series A funding led by Redalpine, alongside previous investors Fly Ventures and angel investors Paul Forster, Alan Morgan, Ilavska Vuillermoz Capital, and others

  • The company will use the funds to accelerate its expansion into the US, opening a New York office following increased demand from existing European customers

  • 9fin serves nine of the top 10 investment banks and funds managing over €52 billion of high yield assets under management.

      • ProblemFinancial Services

      "Debt capital markets advisors spend a lot of time searching for, analyzing, and standardizing data, which makes it difficult to find trading opportunities and gain a competitive advantage."

      Solution

      "9fin provides a tech platform that uses machine learning and computer vision to extract and standardize debt capital markets data in real time. This allows customers to save time, spot trading opportunities, and increase their share of the $65bn of debt capital markets fees earned by advisors each year."

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