Themis appoints new chairman following closure of funding round

The news comes on the back of securing £3.1m in a pre-series A funding round

Themis, the provider of a technology platform for managing financial crime risk, has appointed Matthew Hurn as its new chairman.  

He succeeds Richard Reid, who is retiring but will remain on the advisory board.  

Hurn is a former president of the Association of Corporate Treasurers. He received an OBE for his contribution to UAE-UK financial relations in 2021. 

He has served as a board member of Themis since its inception—the company was founded in 2019. 

Matthew Hurn

Hurn told FinTech Intel: “In my new role as chairman, I am excited to be working with such a talented team to help them expand to become the go-to trusted financial crime platform used by clients across the public and private sectors globally. 

“With our exciting scaleup mission ahead and the team’s motivated growth mindset, we can really help stop criminals from profiting from their illicit activities.” 

Dickon Johnstone, chief executive officer and founder of Themis, commented: “With his background in financial markets and international trade, as well as his deep experience in driving high growth, high impact tech businesses, there is nobody better placed to guide us through the next stage of our business lifecycle and help capitalise on the current market opportunities to build a truly global anti-financial crime digital platform.” 

On Reid, Johnstone added: “Through three years of repeated curve balls and market headwinds, Richard has been an exceptional mentor to me since founding the business in 2019.” 

The news comes on the back of Themis securing £3.1m in a pre-series A funding round. 

Founded in 2018, Themis reported a 57% growth in revenues in 2022 compared to the previous year. 

After the latest round of funding, the UK-based company is now valued at £15.4m. It comes on the back of a £1.67m seed round in 2021. 

Image: Themis  

Find out more: Themis raises £3.1m in pre-series A round 

Josh Poyser Josh Poyser is an editor at FinTech Intel. He has written about fintech for several years and appeared at FinTech Connect 2023 on the 'Unlocking Success: The Art of Fintech PR' panel.