AI-Debt Platform 9fin Raises $50M for US Expansion
London-based 9fin, an AI-powered platform specialising in debt capital markets, has secured $50 million in Series B funding. The round was led by Highland Europe, with participation from several prominent investors.
9fin offers intelligence and insights on various debt instruments, including high-yield bonds, leveraged loans, and distressed debt, using advanced AI technologies like ChatGPT. The platform is used by major global firms to make informed decisions.
The funding round saw participation from Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital, besides Highland Europe.
9fin's Series B funding round totals $50 million, with Highland Europe leading the investment. The funds will support the company's growth and expansion, particularly in the US, as it continues to provide AI-driven insights to the debt capital markets using ChatGPT.
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