Timeline secures £10m funding to double £3bn AUM size

The MPS provider secures Series B funding for national expansion

Sahar Nazir
clock • 1 min read

Timeline has secured £10m in fresh funding and will look to “double in size” after recently reaching £3bn in assets under management (AUM).

The managed portfolio service (MPS) provider today (25 September) announced a Series B funding round led by private equity firm BlackFin Capital Partners. The funding has come as Timeline reaches £3bn in AUM, positioning the firm to "double in size" by the end of 2023. The Series B funding will also be used by Timeline to increase its product offerings and allow for the development of new features, updates to existing modules, and integration with other financial platforms. Founder and chief executive Abraham Okusanya said: "This financing round will enable us to double down on our...

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