London-based fintech company Finbourne has successfully raised £55M in Series B funding, with investors such as Highland Europe and AXA Venture Partners (AVP) showing interest in its investment management solutions and cloud-native data management platform. With the new funding in place, Finbourne plans to enhance its sales, product development, and marketing efforts in key markets including the US, UK, Ireland, Singapore, and Australia.
Finbourne’s CEO Thomas McHugh is leading the charge at the company, emphasizing the importance of providing an interconnected network of functionality and data to facilitate customer service across a changing market landscape. The company aims to leverage its portfolio of products built on a scalable data management platform to help investment and operations teams boost revenue, cut costs, and improve risk management.
The SaaS-based LUSID platform offered by Finbourne offers a comprehensive suite of features spanning portfolio management, fund accounting, order management, compliance, and more. Through features like entitlements, lineage tracking
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