Fintech

LSEG-backed fintech Finbourne turns to AI to limit hiring

Investment data management platform wants to start turning a profit next year

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'We’ve seen huge efficiency kicks in AI,' says Finbourne boss Thomas McHugh Photo: Carl Court/Getty Images

London-based fintech Finbourne Technology is using artificial intelligence to keep a lid on hiring as the investment data management platform eyes profitability in 2026.

Finbourne’s co-founder and chief executive Thomas McHugh told Financial News that the firm was “not massively” looking to increase headcount in its core engineering and operations functions as AI takes a more prominent role in the business.

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