9fin

Money Moves

Unicorn, expanding U.S. operations

Credit markets move roughly $140 trillion in outstanding debt worldwide, yet analysts who price, trade, and monitor that debt spend much time reading 300-page loan agreements and hunting for pricing data through calls and chats. 9fin, a London-based startup founded by two former investment bankers, just raised $170 million at a $1.3 billion valuation to automate that work with artificial intelligence. The round crosses the unicorn threshold, signaling that institutional investors treat AI-driven credit analytics as proven technology.

Updated May 30