Finbourne Secures $70 Million in Series B Funding at £280M Valuation

Jun 18, 2024, 12:25 AM

Finbourne, a fintech startup based in London’s financial center, has secured $70 million in a Series B funding round. The company, which helps financial institutions organize and utilize their data for AI and other models, raised the funds at a valuation just over £280 million. The platform aims to transform financial data into valuable insights, leveraging AI technology to enhance data management for finance managers. The funding round amounted to £55 million.