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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.
The company, with
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?
