British Business Bank backs 9fin with $20m as fintech reaches unicorn status
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British Business Bank backs 9fin with $20m as fintech reaches unicorn status
""AI will redefine credit markets, but only if it is powered by proprietary data and embedded into how professionals actually work. Our goal is to build the only platform they need.""
""The platform aggregates and analyses data that is traditionally fragmented across emails, PDFs and private data rooms, providing users with real-time insights, analytics and document extraction tools.""
British Business Bank invested $20 million in 9fin during a $170 million Series C funding round, elevating the firm to unicorn status. The round was led by HarbourVest, with participation from various investors. Founded in 2016, 9fin offers an AI-native intelligence platform for credit and debt markets, providing real-time insights and analytics. The funding will enhance 9fin's AI capabilities and support growth in the U.S. market. The British Business Bank has now supported 27 UK unicorns, reinforcing its commitment to later-stage scale-ups.
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