Osborne Clarke advises HSBC on its investment in FINBOURNE Technology as part of one of the largest series B raises in the UK

Osborne Clarke has advised HSBC on its investment in FINBOURNE Technology, architects of an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market.

The successful secondary raise follows a Series B funding round of £55m in June 2024 and brings the total to over £100m, making it one of the largest series B raises in the UK. It allows for six investors to follow-on from their original investment and four additional investors to join the roster of firms with a stake in FINBOURNE. Two investors, HSBC and CommerzVentures, will join the FINBOURNE Board as observers.

The Osborne Clarke team was led by partner James Taylor and senior associate Uday Mehra.

James Taylor, corporate and venture capital partner at Osborne Clarke commented: "We are very proud to have advised HSBC on this transaction and are excited to see FINBOURNE's continued expansion and development."

FINBOURNE is a market-leading provider of investment management solutions and a cloud-native data management platform. Many of the world’s leading asset managers, alternative asset managers, asset owners, and asset servicers benefit from the insight, efficiency and scalability FINBOURNE’s functionality provides. Across the investment lifecycle, investment and operations teams can increase revenue, reduce costs and better manage risk.

FINBOURNE’s portfolio of products is built upon an interoperable and scalable data management platform. Its SaaS-based LUSID platform delivers front-to-back functionality across portfolio management, fund accounting, order management, compliance and more. It allows for the democratisation of data with entitlements, lineage and utilisation metrics embedded. In addition, the network of data and functions available to AI and ML programming ecosystems can transform the operating model for clients, readying them for the coming wave of AI-driven efficiencies.

Osborne Clarke's international financial services sector team advises clients ranging from start-ups, scale-ups/growth businesses and FinTech unicorns to challenger banks, payments, retail and consumer finance, platforms, large corporates and institutions as well as lenders, investors and industry bodies and regulators.

Osborne Clarke's international venture capital team is also a go-to practice for companies operating in tech-enabled industries for their entire growth journey. Osborne Clarke's dedicated resource centre, OC Ventures, brings together experts from across our international network to deliver a holistic seamless service to clients throughout the ventures ecosystem.