9fin Acquires Bond Radar to Expand Debt Market Coverage
9fin has acquired Bond Radar to expand its coverage in the global debt market, announced in a press release. This acquisition aims to deepen 9fin's data coverage and strengthen its existing AI platform by integrating Bond Radar's extensive historical data and market reach.
The acquisition builds on 9fin's recent $50 million Series B funding and positions the company to accelerate its growth. By incorporating Bond Radar's market reach and client relationships, 9fin aims to solidify its position as a comprehensive provider of debt market intelligence.
With this strategic move, 9fin plans to expand into new markets, including investment grade debt and asset-based finance, while also extending its geographic reach into emerging markets such as Asia and Latin America. The deal adds 20 years of historical data to 9fin's platform, enhancing its reporting and analytics capabilities.
Steven Hunter, CEO and co-founder of 9fin, stated that the acquisition is a step towards their vision of becoming the leading provider of debt market intelligence. Gregor Davis, Director of Bond Radar, expressed confidence that the integration with 9fin will significantly extend their capacity to deliver specialist coverage to a broader client base.
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