Finbourne Technology Secures £55M in Series B Funding to Revolutionize Investment Management Solutions with LUSID Platform

Finbourne Technology, a London-based fintech company, has secured £55M in Series B funding. The investment management solutions and cloud-native data management platform offered by Finbourne have attracted the attention of investors such as Highland Europe and AXA Venture Partners (AVP).

With the new funding in place, Finbourne has outlined plans to enhance its sales, product development, and marketing efforts in key markets including the US, UK, Ireland, Singapore, and Australia. CEO Thomas McHugh is leading the charge at Finbourne, emphasizing the importance of providing an interconnected network of functionality and data to facilitate customer service across a changing market landscape. By leveraging their portfolio of products built on a scalable data management platform, Finbourne aims to help investment and operations teams boost revenue, cut costs, and improve risk management.

Finbourne’s SaaS-based LUSID platform offers a comprehensive suite of features spanning portfolio management, fund accounting, order management, compliance, and more. Through features like entitlements, lineage tracking