Kerry McClelland Promoted to CFO at 9fin
9fin, a leading data and analytics platform focused on debt capital markets, has made a significant move by promoting Kerry McClelland from VP Finance to Chief Financial Officer (CFO). This strategic promotion comes following Kerry's successful tenure since joining the company in mid-2024, bringing invaluable experience from her previous role as CFO for a well-regarded B2B SaaS fitness application.
Achievements and Contributions of Kerry McClelland
Kerry McClelland's leadership played a pivotal role in a notable $50 million Series B funding round, which was led by Highland Europe and finalized in late 2024. Achieving this milestone in just three months showcases her exceptional capabilities and dedication. Under her guidance, the Series B funding was executed swiftly, demonstrating her effectiveness as a leader.
Focus on Expansion and Growth
As CFO, Kerry is set to further enhance 9fin’s finance function, which is vital for supporting the rapid expansion of the company. 9fin has made significant investments in technology and operational excellence, positioning itself prominently within the debt capital markets space.
Leadership Perspective on Kerry's Promotion
Kerry expressed her enthusiasm about her new role, highlighting the tremendous journey she has experienced at 9fin. She stated, "It's been an incredible few months and I'm excited to continue to drive 9fin's growth and operational excellence in this new role. It's rewarding to be part of such a committed leadership team, and I look forward to the exciting times ahead as we scale up the business further."
CEO Steven Hunter's Support
Steven Hunter, the CEO and Co-founder of 9fin, endorsed the decision to promote Kerry to CFO, affirming her pivotal role in the company’s trajectory. He noted her significant contribution to the Series B efforts and commended her leadership skills in building a robust finance team, which is essential as the company prepares for its next growth phase.
9fin's Strategy and Future Outlook
This year has marked an exciting evolution for 9fin, highlighted by the promotion of not only Kerry but also Jen Speirs to Chief Operating Officer and the recent addition of Moisés García as Chief Product Officer. These advancements reflect 9fin's strategic focus on strengthening its executive team to facilitate sustained growth.
In 2024, the company has also expanded its presence by opening a new office in Belfast and establishing a dedicated Data Operations team. These efforts aim to enhance the quality of information available on the 9fin platform, which has already significantly expanded its market reach and doubled its revenue in comparison to the previous year.
About 9fin
9fin provides a faster and more intelligent approach to leveraging credit insights. Their innovative AI-driven data and analytics platform integrates all necessary tools for analyzing credit and securing mandates within a single interface. This centralization allows subscribers to excel in their business pursuits, surpass competition, and optimize their time usage effectively.
Frequently Asked Questions
What prompted the promotion of Kerry McClelland to CFO?
Kerry's successful contributions to the company, particularly her role in the Series B funding, highlighted her exceptional leadership skills and made her the ideal candidate for CFO.
What are Kerry's main goals as CFO at 9fin?
As CFO, Kerry aims to enhance the finance function of 9fin, supporting the company’s growth and its position in the debt capital markets.
How has 9fin evolved this year?
9fin has strengthened its C-suite with several key promotions and has expanded its operations significantly, launching a new office and building a dedicated team.
What technology does 9fin utilize?
9fin uses an AI-powered data and analytics platform to provide insights on leveraged credit, centralizing key information for its users.
What has been the financial performance of 9fin?
In the recent year, 9fin has dramatically increased its market coverage and doubled revenue year-on-year, indicating robust financial health and business growth.