FINBOURNE Technology, the UK-based fintech, has raised GBP55m (USD70m) in Series B funding. This latest round was led by Highland Europe and AXA Venture Partners and follows a Series A funding round of GBP15m (19m) in 2021. The company will remain majority employee-owned. This investment will fund the next phase in FINBOURNE’s commercial development, including expanding its sales, product and marketing capabilities in the U.S., UK, Ireland, Singapore and Australia.
FINBOURNE provides investment management solutions and a cloud-native data management platform. In the last 12 months, FINBOURNE has won several high-profile client mandates, including a major deal with Northern Trust.