Credit Data Firm 9fin Is Valued at $1.3 Billion in Funding Round

9fin Ltd., the debt intelligence provider founded by two former investment banking analysts, has raised fresh funds at a $1.3 billion valuation as part of a push to capture a bigger share of the hotly contested market for credit research.

London-headquartered 9fin has secured $170 million in a Series C round led by HarbourVest, the company is set to announce Tuesday. Canada Pension Plan Investment Board and earlier investors Redalpine, Highland Europe, Spark Capital and Seedcamp are also participating.