Earlier today, Onfido announced a change in leadership for their next phase of growth.
Released earlier today, the 30 minute film explores the evolution of fintech and digital transformation in the wake of the 2008 crash and more recently, COVID-19, featuring interviews with leading voices from across the fintech industry, including Augmentum Fintech CEO Tim Levene.
“A trading update for the six months to 30 September 2020 highlights just why the offer is worth taking up. Augmentum’s diversified portfolio of 18 private fintech companies offer innovative technologies, asset-light business models and have adapted well to the new ‘normal’. Many are performing incredibly well.”
“Augmentum Fintech (AUGM), one of the year’s best-performing investment companies, announced its intention to conduct a placing to raise gross proceeds of up to approximately £28m at a price of 120p”
We are delighted to welcome Akash Bajwa to our Investment Team.
The two firms have teamed up to provide better financial services to those relying on the gig economy, the self-employed and those living abroad.
Earlier today, equity crowdfunding platform Seedrs announced plans to merge with Crowdcube, creating one of the world’s largest private equity marketplaces.
SME business bank Tide has been awarded £25m from the RBS Alternative Remedies Package Pool E Fund, in partnership with ClearBank.
Onfido, Farewill, Habito, Monese and Previse feature in this year’s The FinTech 50: “The top European fintechs to watch in 2020”, and Onfido takes the top spot.
We are delighted to be a pioneer fund for the Diversity VC Standard, championing diversity and inclusion across our investment and internal fund processes.
“Investment trusts are a superior option” and “Augmentum Fintech offers tremendous potential”, says John Baron in the latest Investors Chronicle podcast.
Augmentum portfolio company Farewill featured in Business Insider’s “7 Hottest Lawtech Startups to Watch in 2020” article.
“On this week’s investment hour, James Norrington talks to Augmentum Fintech’s chief executive Tim Levene about his fund’s approach to investing in one of the fastest growing areas of technology.”
“The UK is a hub for fintech, but most companies remain in private hands. We outline ten UK fintech stocks that can help you gain exposure to this fast-growing sector.”
The newly disclosed round — comprising an earlier Series C equity raise and a more recent Series C extension in the form of a convertible loan note, was led by new investors Augmentum Fintech, SBI Group and mojo.capital
In our latest piece for our Master Investor fintech investing column, Martyn Holman looks at the reaction of venture capital in the wake of COVID-19, in particular those investing in the fintech industry, and explores the longer-term possibilities for the space.
“Augmentum Fintech has featured regularly in the ‘winners’ section since April, with digitisation take-up being propelled by the pandemic”
At Wellian Investment Solutions, wealth manager Richard Philbin gets exposure to private markets both by investing in dedicated private equity funds such as 3i and the venture capital fund Augmentum which provides exposure to unlisted fintech firms.
Coronavirus and changing consumer behaviours present a the fintech sector with “significant opportunity for further disruption,” Tim Levene, the CEO of listed investor Augmentum Fintech said today.
“There is no doubt in my mind that Augmentum is performing well. Annual results revealed an unrealised portfolio gain of 18 per cent on invested capital.”