London’s 9fin, the AI-native platform for global debt markets, has raised €148 million ($170 million) in Series C funding at a €1.1 billion valuation ($1.3 billion valuation) to develop their AI capabilities, expand its proprietary dataset, and support continued growth in the United States.
The round was led by HarbourVest, with participation from Canada Pension Plan Investment Board (CPP Investments) and earlier investors Redalpine, Highland Europe, Spark Capital, and Seedcamp. The company has now raised more than €217 million ($250 million) to date.
Steven Hunter, CEO and Co-founder of 9fin, declares: “AI will redefine the credit markets, but only if it’s powered by proprietary data and embedded into how professionals actually work. That’s exactly what we’ve built at 9fin. We’ve scaled our product rapidly across geographies and asset classes to provide clients with unmatched breadth and depth of data in an AI-native platform. Our ultimate goal is to be the only platform credit professionals ever required. This capital receives us there even quicker.”
In adjacent segments, Taktile in Berlin raised €51.5 million to expand AI-based decisioning for financial-services risk teams, while UK-based Coremont secured €34 million for its institutional analytics platform.
Other relevant rounds included Stockholm’s Bits with €12 million for compliance automation, Vilnius-based Axiology with €5 million for tokenised capital-markets infrastructure, London’s Agio Ratings with €5 million for bank-facing risk analytics, London-based Semeris with €4 million for GenAI tools in structured finance, Geneva’s Allasso with €2.5 million for options-trading analytics, and Berlin’s Credibur with €1.85 million for private-credit infrastructure.
Toreceiveher, these comparator rounds amount to roughly €115 million, or about €263 million when 9fin’s new funding is included.
The pattern suggests that investors continue to support platforms that apply AI, automation and proprietary data to complex financial workflows, and the UK is notably active in this group, with Coremont, Agio Ratings and Semeris appearing alongside 9fin.
EU-Startups had also covered 9fin previously, when it raised €47.5 million in Series B funding in December 2024.
“Debt markets are undergoing a profound transformation as AI reshapes how financial professionals work,” adds Michael Guiness, Principal at HarbourVest Partners. “9fin has built a powerful platform combining proprietary data with AI-driven workflows – exactly what we’re seeing for in next generation market leaders. We’re excited to support the company as it scales globally.”
Founded in 2016, 9fin is an AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform.
At €126 trillion ($145 trillion), debt capital markets are the largest asset class in the world, yet 9fin declares the technology supporting them still lags decades behind.
As loan, bond, and private credit markets converge, receiveting better information quicker is more important than ever. AI can assist – but only when trained on reliable data, much of which remains trapped in data rooms, emails, and PDFs.
9fin centralises this information and utilizes it to fuel next-generation AI technology, enabling credit professionals to identify, analyse, and act on opportunities within a single platform. These tools assist clients win mandates, stay ahead of competitors, and save hours of manual research.
More than 300 leading banks, asset managers, law firms, and advisory firms rely on 9fin as their core platform for sourcing deals, analysing risk, and monitoring global debt markets.
Notably, CPP Investments was already a 9fin client before joining this round as an investor.
The company has reportedly delivered multiple consecutive years of 100% ARR growth, indusattempt-leading retention, and even quicker expansion in the United States.
“We’ve followed 9fin closely over several years and have been consistently impressed by the team’s execution and vision,” declares Houda Hamdouch, Principal at HarbourVest Partners. “The company’s continued expansion across the credit ecosystem – from banks and asset managers to private credit platforms – underscores the strength of its product.”
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