News and Media

Citywire: Augmentum Fintech eyes Europe after £26m raise

This is the first stage in a £150 million share issue programme approved by shareholders last month, with Augmentum looking to target wider European opportunities, which Levene has put at around £450 million. Last year, $40 billion was invested globally in fintech companies across 2,300 deals, according to Augmentum.

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interactive investor completes acquisition of Alliance Trust Savings

Investment Week wrote about Augmentum portfolio company interactive investor‘s acquisition of Alliance Trust Savings (ATS):

“The completion of the acquisition, which was first announced in October 2018 and included the Alliance Trust office building in Dundee, brings together the two largest fixed-price retail investment platforms with combined assets under administration (AUA) of £36bn and some 400,000 customers.

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Monese announce free Premium accounts for refugees

In celebration of Refugee Week, Monese were proud to announce an ongoing project to support refugees across the UK.

“We’re committed to giving out our Premium plan to refugees (usually £14.95 a month) for free, for life. The Premium plan waives all transaction fees, granting our customers entirely free current account facilities.

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Financial News: ‘Momentum for Augmentum’

The Financial News featured Augmentum in their The Fintech Files newsletter: "Listed investment trust Augmentum Fintech has had a busy few weeks. First, it published a promising set of results that revealed an “unrealised annualised IRR” of 28% on its seed portfolio...

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LSE Report: Fintech comes of age

The London Stock Exchange's 'Fintech Comes of Age' report explored their research on the growth and maturity of UK fintech. "London has become a global hub for fintech. It is the ideal listing destination for fast-growing companies to increase visibility with...

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