Timeline, a Managed Portfolio Service (MPS) provider in the UK, has raised £10m in a Series B funding round.
The funding was led by Blackfin Capital Partners, a private equity firm that specialises in European financial services firms.
Private Equity News UK Blackfin Capital Partners Backs MPS Provider Timeline
Abraham Okusanya – Founder Timeline
Timeline now has £3bn in assets and is looking to make acquisitions and improve its technology.
The MPS provider has seen a surge in assets under management (AUM) and aims to use the funding to expand its business.
Abraham Okusanya, the founder and chief executive of Timeline, has stated that the funding will be used for marketing and technology, as well as potential acquisitions.
Photo by Ray Hennessy
