New unicorn alert! 9fin raises €148 million at a €1.1 billion valuation for its global debt markets platform
London-based 9fin has secured €148 million in Series C funding, achieving a €1.1 billion valuation for its AI-native platform serving global debt markets. This significant investment underscores investor confidence in the transformative power of artificial intelligence within complex financial sectors, highlighting a growing trend of specialized European fintech solutions attracting substantial capital. The funding aims to further enhance 9fin's AI capabilities, expand its proprietary data sets, and fuel its expansion into the United States market, signaling strong ambition for global reach and technological leadership. The funding round, led by HarbourVest with participation from CPP Investments and existing investors, brings 9fin's total raised to over €217 million. This capital injection is intended to accelerate the development of AI-driven workflows, crucial for redefining how credit market professionals operate. CEO Steven Hunter emphasized that this advancement is contingent upon proprietary data integration, a core tenet of 9fin's strategy to become the indispensable platform for credit professionals. This development aligns with broader European fintech activity, as demonstrated by other recent funding rounds. Taktile in Berlin raised €51.5 million for its AI-based decisioning for risk teams, while UK-based Coremont secured €34 million for its institutional analytics platform. These investments collectively indicate a robust investor appetite for European companies leveraging AI, automation, and unique data advantages to streamline and innovate within financial services, reinforcing the region's growing digital sovereignty in specialized sectors.
Curated and translated by Europe Digital for our multilingual European audience.
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