British Business Bank Invests $20m in Fintech Company 9fin

  • Investment
  • 31.03.2026 12:05 pm

British Business Bank will invest $20m in 9fin, a London-based fintech company, as part of $170 million Series C funding round. This investment has been made in partnership with European VC Redalpine. The investment sees 9fin reach unicorn status, adding another unicorn to the Bank’s equity portfolio.

This round was led by HarbourVest, with participation from Canada Pension Plan Investments (CPP) and previous investors Redalpine, Highland Europe, Spark Capital and Seedcamp.

Founded in 2016, 9fin is an AI‑native intelligence platform built for credit and debt‑market professionals, offering real‑time data, analytics, news and document‑extraction tools to help banks, investors and advisors analyse leveraged finance, private credit and distressed debt.

Debt capital markets are the largest asset class in the world, yet information remains trapped in data rooms, emails, and PDFs. 9fin centralises this information and enables credit professionals to identify, analyse, and act on opportunities within a single platform.

9fin has delivered multiple consecutive years of 100% ARR growth and has now raised over $250 million to-date. Its platform is used by more than 300 leading banks, asset managers, law firms and advisory firms globally.

This investment will fuel the development of its AI capabilities, help expand its proprietary dataset and support its continued growth in the US market.

The funding round sees 9fin reach unicorn status. As at January 2026, the British Business Bank’s equity programmes had supported 27 UK unicorns, representing 64% of all current UK unicorns.

Leandros Kalisperas, Chief Investment Officer at British Business Bank said, “We are stepping up our support for the UK’s scale ups. Investments like this provide vital growth funding for fast-growing companies and are complementary to our indirect support through venture capital funds. By increasing the availability of later-stage capital, we are helping the UK’s most innovative businesses to realise their commercial potential while maintaining a strong UK presence.”

George Mills, Investment Director at British Business Bank, said “We’re proud to be backing yet another UK unicorn. 9fin is a great example of the strength of UK fintech, applying AI to transform one of the world’s largest and most complex financial markets. This investment will help 9fin to accelerate its global expansion and continue to drive productivity in debt markets.”

Steven Hunter, CEO & Co-founder, 9fin said, “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 need. This capital gets us there even faster.”

Related News