A huge 49 per cent of balance transfers are not repaid within the zero per cent period, meaning consumers get hit with interest charges – estimated to total a staggering £443million a year. And even those who do pay off are still forking out a bumper £810million in balance transfer fees, according to peer-to-peer lender Zopa.
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 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 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 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 is Augmentum’s Office Manager and PA. Prior to working at Augmentum, Hayley worked at law firm Stephenson Harwood.
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.