Investors’ Chronicle explores the boom in late-stage venture in fintech and how investment trusts provide access to the market in their latest article.
“As fintechs delay listing and venture funding accelerates, select investment trusts look poised to benefit… The most pure-play option is Augmentum Fintech (AUGM), which owns 22 private fintech companies across the UK and Europe. Its largest holding is interactive investor, the UK’s second-largest investment platform. The trust has a market capitalisation of £280m and its share price has climbed by a third in the past year.”
Read full article here (behind paywall)