🏆 Deal of the Month · December 2022
Acin raised USD 24 million in a Series B round; the post-money valuation was not disclosed. The round was backed by a syndicate of eight institutional investors spanning global banks and specialist venture capital funds. This financing was recognised as Venionaire DealMatrix Deal of the Month for December 2022.
Acin — key deal facts
| Company | Acin |
| Founded | 2018 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 24M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Barclays Corporate Banking (https://www.barclayscorporate.com/) BNP Paribas (https://www.bnpparibas.at/en/) Citi (https://www.citi.com/) Fitch Ventures (https://www.fitch.group/) JP Morgan (https://www.jpmorgan.com/AT/en/about-us) Lloyds Banking Group Notion Capital (https://www.notion.vc/) Talis Capital (https://taliscapital.com/) |
| Sectors | FinTech |
Who invested in Acin?
The round was co-invested by Barclays Corporate Banking, BNP Paribas, Citi, JP Morgan, and Lloyds Banking Group alongside Fitch Ventures, Notion Capital, and Talis Capital. The participation of five major banking institutions as strategic investors is notable, as each represents a potential enterprise customer and validates the commercial relevance of Acin's operational risk infrastructure. The combination of strategic bank capital and independent venture funding provides both distribution access and balance-sheet runway.
What does Acin do?
Acin is a London-headquartered FinTech company founded in 2018 by Paul Ford, who serves as CEO. The company digitises and assures operational and non-financial risk controls for financial institutions, applying AI-driven analytics across a connected industry data network. Its core product, the Risk Control Diagnostics platform, aggregates risk data from multiple sources into a unified view, enabling live analytics, regulatory traceability, and benchmarking against peer best practices. Acin's model allows institutions to identify control gaps and align their frameworks with industry standards at scale.
Acin valuation & multiples
Explore the benchmarks: Series B.
Frequently asked questions
How much did Acin raise in its Series B?
Acin raised USD 24 million in its Series B round, announced in December 2022.
What is Acin's valuation?
Acin's post-money valuation was not disclosed as part of this Series B round.
Who invested in Acin?
The Series B was backed by Barclays Corporate Banking, BNP Paribas, Citi, Fitch Ventures, JP Morgan, Lloyds Banking Group, Notion Capital, and Talis Capital.
When was Acin founded and where is it based?
Acin was founded in 2018 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.