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FINBOURNE Technology Raises £65 Million in Series B Funding

Chrissie Jonathan

Chrissie jonathan

17 Jun 2024

Unlocking the potential of financial data, FINBOURNE Technology, based in London, has successfully raised £65 million in Series B funding.

In an announcement, FINBOURNE Technology, a company that provides an integrated network of functionality and data that helps the investing community to better serve customers in a market that is always growing, stated that it has successfully raised £65 million in Series B funding.

Highland Europe and AVP were the ones who led this most recent funding round, which comes after a Series A funding round of fifteen million pounds in 2021. The next phase of FINBOURNE's commercial development will be funded by this investment, which will include increasing the company's capabilities in the areas of sales, product, and marketing in the United States of America, the United Kingdom, Ireland, Singapore, and Australia.

In addition to being a cloud-native data management platform, FINBOURNE is the industry leader in providing solutions for investment management. Many of the most successful asset managers, alternative asset managers, asset owners, and asset servicers in the world reap the benefits of the insight, efficiency, and scalability that are provided by the capabilities of FINBOURNE. Throughout the entirety of the investment lifecycle, investment and operations teams have the ability to boost revenue, decrease costs, and improve risk management.