Finbourne Technology Raises £55M in Series B Funding for Expansion into US Market

Finbourne Technology, a London-based fintech company, has successfully secured £55M in Series B funding, led by Highland Europe and AXA Venture Partners (AVP). This investment will be instrumental in the company’s plans to expand its sales, product offerings, and marketing efforts in key markets such as the US, UK, Ireland, Singapore, and Australia.

Under the leadership of CEO Thomas McHugh, Finbourne Technology specializes in providing investment management solutions and a cloud-native data management platform. Their solutions offer a comprehensive network of functionality and data to help the investment community adapt to changes in the market. By leveraging their platform, investment and operations teams can optimize their processes, reduce costs, and manage risk more effectively.

Finbourne Technology’s flagship product is LUSID – a SaaS-based platform that offers a range of functions across portfolio management, fund accounting, order management, compliance and more. With a focus on interoperability and scalability, LUSID enables clients to access a wealth of data and functionality to drive AI and ML programming ecosystems. The result is an operational efficiency transformation that empowers financial services firms to make informed decisions quickly while mitigating risks effectively.

Operating across North America