9fin Raises $50 Million to Revolutionize Debt Markets with AI-Powered Analytics
9fin, the fintech company making waves in global debt capital markets, recently secured $50 million in its Series B funding round. The injection of capital will fuel 9fin’s expansion, particularly in the U.S. market.
"We started 9fin to give professionals in the market a data edge, with smarter, faster intelligence," said Steven Hunter, co-founder and CEO of 9fin. "We also want to help our customers navigate complex financial markets with intelligence on high-yield bonds, leveraged loans, distressed debt, CLOs, private credit, and asset-backed finance."
Huss El-Sheikh, co-founder and CTO, emphasizes 9fin’s commitment to innovation: "By investing in the best product and engineering talent, we’ve dramatically increased product velocity, delivering capabilities to give our customers the best workflows, tools and insights," he explains.
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How can AI be used to enhance the role of financial professionals rather than replace them?
**Host:** Today we’re talking about the big news that 9fin just raised $50 million to bring AI-powered analytics to the world of debt markets. Joining us is Steven Hunter, co-founder and CEO of 9fin. Steven, welcome to the show.
**Steven:** Thanks for having me.
**Host:** So, Steven, you’re promising to revolutionize an industry known for its tradition and sometimes slow adoption of new technology. Some might say this is a bold move. What would you say to those skeptics?
**Steven:** I understand the skepticism. But the reality is, the debt markets are incredibly complex and information-intensive. Our AI can sift through massive amounts of data, identifying patterns and trends that humans might miss. This gives our clients a real edge in decision-making.
**Host:** That sounds impressive. But do you think bringing AI into these markets could potentially leave some professionals feeling replaceable?
**Steven:** I see AI as a tool to empower professionals, not replace them. It frees them from tedious tasks and allows them to focus on higher-level analysis and strategy. Ultimately, it’s about augmenting human intelligence, not replacing it.
**Host:** That’s a very interesting perspective. 9fin is certainly making a big splash. What would you say to our readers who are on the fence about the potential impact of AI on traditional finance?