9fin Secures $50M for AI-Powered Debt Capital Markets Analytics Platform

9fin Secures $50M Series B Funding for AI-Powered Debt Capital Markets Platform

London-based fintech company 9fin has successfully raised $50 million in a Series B funding round, led by Highland Europe. This significant investment aims to propel the development of 9fin's artificial intelligence (AI)-powered analytics platform for global debt capital markets 1

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Rapid Growth and Market Position

Since its Series A+ round in 2022, 9fin has demonstrated remarkable growth:

• 400% increase in group-wide Annual Recurring Revenue (ARR)
• Customer base doubled to nearly 200 firms in global credit markets
• Workforce expanded to 240 employees
• Tech team size doubled, boosting product development speed 1

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The company's platform is now utilized by asset managers with a combined Assets Under Management (AUM) of over $17 trillion, solidifying its position as a key player in the debt capital markets technology sector 1

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AI-Driven Innovation in Debt Markets

9fin has positioned itself as a pioneer in applying cutting-edge technology to debt capital markets. The company was the first information provider to integrate generative AI into its platform, offering:

• Agentic Q&A tools
• Real-time market updates
• Advanced search capabilities 1

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These AI-powered features provide subscribers with critical credit information on various financial instruments, including high-yield bonds, leveraged loans, distressed debt, CLOs, private credit, and asset-backed finance 1

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Strategic Expansion and Technology Investment

The new funding will be strategically allocated to:

1. Further investment in market-leading AI technology
2. Growth of the analytics team
3. Acceleration of U.S. market expansion 1

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Steven Hunter, Co-founder and CEO of 9fin, emphasized the company's mission: "We started 9fin to give professionals in the market a data edge, with smarter, faster intelligence" 2

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Industry Impact and Future Outlook

9fin's growth comes at a crucial time for the debt capital markets industry. Fergal Mullen, Co-founder and partner at Highland Europe, noted: "Debt markets are booming but data and technology offerings simply haven't kept pace" 1

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The company's success aligns with broader trends in the financial sector, where 72% of finance leaders report actively using AI in their operations. Common applications include fraud detection (64%) and customer onboarding automation (42%) 2

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As 9fin continues to innovate and expand, it aims to become the global market leader in debt market analytics, bringing these markets firmly into the AI age 1

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