Investors Chronicle: Exploiting the fintech investment opportunity

Investors Chronicle: Exploiting the fintech investment opportunity

Jun 17, 2019

Investors Chronicle wrote about Augmentum in this article from 12 June:

“Augmentum Fintech(AUGM:111p), a leading venture capital investment group that became the first London Stock Exchange listed fintech fund when it raised £94m, at 100p a share in March 2018, has more than justified its inclusion in my 2019 Bargain Shares Portfolio.

This week’s maiden annual results revealed that Augmentum’s investment portfolio was valued at £77.6m, including valuation gains of £12.2m, and the company will have substantially fully deployed the remaining £25m of available cash by mid-2019. The seed portfolio has produced an eye-catching 28 per cent internal rate of return since launch, buoyed by hefty gains on its two largest holdings: Zopa, the world’s first peer-to-peer consumer lending platform; and interactive investor (ii), a leading UK investment platform offering analysis, tools and expert ideas to help investors make better informed investment decisions.

…

With deal flow robust – the company’s investment managers made nine new investments out of the 675 opportunities reviewed and the current pipeline is worth £450m – then the directors will seek shareholder authority to issue new shares at the general meeting on Monday 1 July. Investor demand is likely to be robust. Buy.“

 

Read the full article here  

Rahil Patel

Rahil is an Analyst at Augmentum. He joined the fund full-time following a Summer internship in 2018.

Prior to Augmentum, Rahil studied Geography at Durham University and has previously worked with Mayfair Insurance Company and Sipsmith Gin.

When he is not curating the office Alexa playlist, Rahil tries to keep up with his passion for DJing that began at university.

Learn more about Rahil in this blog post.

Georgie Hazell

Georgie heads up engagement at Augmentum, which involves supporting portfolio companies, engaging with investors and the wider fintech ecosystem (including marketing and events), and supporting the team internally.

Georgie has worked in a number of startups across people, strategy and growth leadership positions. Following her MBA and a consultancy project with Crowdcube, Georgie moved into venture capital.

Passionate about diversity and inclusion, particularly in VC and entrepreneurship, Georgie founded women in tech network Elevate, led on UK expansion for Her Campus Media, volunteers with Diversity VC and mentored with The Girls Network.

Ellen Logan

Ellen is an Investment Associate at Augmentum. She previously worked at OC&C Strategy Consultants and at HR analytics startup Bunch. Ellen studied Economics at the University of Edinburgh.

Outside of the office she spends her time practicing yoga, experimenting in the kitchen and exploring the art galleries of London.

Learn more about Ellen in her ‘Meet the Team’ blog here

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Sofia Wiecko

Sofia oversees the financial and administrative operations at Augmentum and has over 15 years’ experience in financial accounting.

Believing in giving back to the community, Sofia is active in a number of local charities.

Hayley Manning

Hayley is Augmentum’s Office Manager and PA. Prior to working at Augmentum, Hayley worked at law firm Stephenson Harwood.

Nigel Szembel

Nigel leads Public Relations and Investor Relations at Augmentum. Nigel has had an international career in corporate affairs, communications and investor relations which, over 30 years, has included responsibility for UK, regional (EMEA and Latin America) and global functions; covering high-profile public companies, private companies, prominent individuals and public bodies, primarily in the financial services sector but also taking in consumer/fashion, planning policy, arts and the environment.