9fin Secures $50 Million in Series B Funding to Revolutionize Debt Capital Markets with AI-Powered Analytics

London-based 9fin, an AI-driven analytics platform tailored for debt capital markets, has announced a successful $50 million Series B funding round. The investment, led by Highland Europe with contributions from Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital, marks a pivotal moment in the company's growth and ambition to modernize debt market operations. This funding will fuel 9fin's efforts to enhance its AI technology, expand its analytics team, and accelerate its presence in the United States.

Since its inception, 9fin has established itself as a trailblazer in integrating cutting-edge technology into the debt capital markets, which have long relied on outdated tools and opaque processes. By leveraging advanced AI capabilities, 9fin offers faster, more precise intelligence for professionals in the market, helping them save time, win business, and outperform competitors.

The funding comes amid significant achievements for the company. Since its Series A+ round in 2022, 9fin has achieved a remarkable 400% annual recurring revenue (ARR) growth across its operations, with the U.S. segment outpacing overall growth. The company has doubled its customer base to nearly 200 global firms, including central investment banks, distressed debt advisors, private equity groups, credit fund managers, and law firms. These customers represent an impressive $17 trillion combined assets under management (AUM). To support this growth, 9fin has expanded its workforce to 240 employees and doubled its tech team, accelerating product development and enhancing its platform's capabilities.

The 9fin platform provides critical intelligence on high-yield bonds, leveraged loans, distressed debt, collateralized loan obligations (CLOs), private credit, and asset-backed finance. It was the first platform to incorporate generative AI, enabling features such as agentic Q&A tools, real-time market updates, and advanced search functionalities. These innovations have significantly enhanced the user experience, providing subscribers with a data-driven edge in navigating the complexities of the debt markets.

Steven Hunter, Co-founder and CEO of 9fin, underscored the company's mission: "Debt markets are the biggest overlooked asset class in the world, and yet they still rely on technology and information sources straight out of the 1980s – opaque, slow and messy. We started 9fin to give professionals in the market a data edge with smarter, faster intelligence. I'm proud of the product, team, and company culture we've built so far at 9fin, and we're just getting started. There's a huge opportunity to build the #1 global provider of debt market analytics and bring debt markets into the AI age."

Huss El-Sheikh, Co-founder and CTO, echoed these sentiments, emphasizing the platform's transformative potential: "From the moment we started building at our kitchen table, 9fin has pioneered the use of AI in debt capital markets, setting a new industry standard. By investing in the best product and engineering talent, we've dramatically increased product velocity, delivering capabilities to give our customers the best workflows, tools, and insights and helping them navigate easily through complex financial markets."

The recent funding arrives at a time of rapid growth in debt markets, where demand for innovative data and technology solutions has surged. Fergal Mullen, Co-founder and Partner at Highland Europe highlighted the significance of 9fin's contributions: "Debt markets are booming, but data and technology offerings simply haven't kept pace. 9fin's vision, its relentless focus on technology, innovation, and company culture position it as the go-to platform for those working in debt markets. We're thrilled to support their ambition to become the global market leader."

With this substantial investment, 9fin is poised to redefine the debt capital markets, equipping professionals with the tools and insights they need to succeed in an increasingly competitive landscape. As the company accelerates its expansion and enhances its platform, it continues to set the standard for integrating artificial intelligence in the financial sector.