9fin

Investor: HarbourVest

British Business Bank has invested $20 million into 9fin as part of a $170 million Series C funding round, propelling the London-based firm to unicorn status and reinforcing the UK’s position as a global fintech hub. Summary of transaction details: Value: $170 million Sector: Fintech Advisor: Redalpine Key Entities: 9fin, HarbourVest, British Business Bank Location: London, UK Note: The investment marks another milestone for the British Business Bank’s equity programmes, which have now supported 27 UK unicorns, representing around 64 per cent of the country’s current billion-dollar startups.

Investor: HarbourVest

The London-headquartered AI-powered debt intelligence platform 9fin has successfully raised £128.8 million in a Series C funding round, which has elevated its valuation to $1.3 billion and firmly established its status as a unicorn.Summary of transaction details:Value: £128.8 million (Series C)Sector: Fintech, AI, Debt IntelligenceAdvisor: Not disclosedKey Entities: 9fin (Target Company), HarbourVest (Lead Investor), Canada Pension Plan Investment Board, Redalpine, Highland Europe, Spark Capital, Seedcamp (Participating Investors)Location: London (Headquarters of 9fin)Note: This strategic investment is earmarked to fuel 9fin's expansion of its AI capabilities, further develop its proprietary dataset, and support its continued growth in the US, with the ultimate goal of becoming the indispensable platform for credit professionals navigating a rapidly evolving market.