Augmentum shortlisted in the Investment Company of the Year Awards
Augmentum Fintech plc has been shortlisted for 'Best New Issue' in the Investment Company of the Year Awards. The awards aim to recognise and reward excellence in close-ended fund management and will take place on 20th November in London. See the full list here
Tide reaches 100,000 members
A year and a half after launching, Tide has signed up 100,000 members. See Tide's announcement on the milestone and learn about some of their customers here. Read The Telegraph's article on the announcement here.
Interning at Augmentum: Learnings of a first experience in VC
Anissa Zeghdoudi interned with Augmentum as an Analyst for three months over the Summer. Here, she shares her experiences: VC smart One of the main reasons I was excited about interning in the venture capital industry was because I was hoping to meet very smart...
Meet the team: Rahil Patel
Rahil has recently joined Augmentum's Investment Team as an Analyst. Get to know his motivations for working in the industry and what he'll be getting up to here... Why did you choose to join Augmentum? The unique nature of being the only listed fintech-focused...
Investors Chronicle: “Augmentum has been delivering eye-catching investment gains”
Investors Chronicle featured Augmentum in their "Beating the Market" article from August 12th 2019: "Augmentum has been delivering eye-catching investment gains, reporting an annualised internal rate of return (IRR) of 28 per cent since IPO, buoyed by gains on its two...
Farewill: How we raised our Series A
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.
Richard Matthews speaks to The AIC: Investing in unquoted companies
Richard Matthews spoke at a media roundtable hosted by The Association of Investment Companies (AIC)'s Annabel Brodie-Smith about investing in unquoted companies, covering topics such as the closed-ended structure of investment companies, the opportunities in market...
Tide and Monese named in LinkedIn’s ‘Top 25 UK Startups’
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.
Citywire: Interview with Tim Levene
Citywire Editor in Chief Gareth Lumsden interviewed Tim Levene. They discussed the Financial Conduct Authority, fintech ecosystem growth and the sub-sectors we find particularly compelling. Watch the video here
The Convertible Loan Note: Having the faith to convert
Augmentum Venture Partner Martyn Holman explains the purpose and mechanics of Convertible Loan Notes.
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.
Investors Chronicle: Fintech’s Big Bang
Investors Chronicle featured Augmentum in this article from 5th July. "It’s not clear retail investors can get much exposure to most hyped fintech companies, even if they wanted to... This poses a “real threat to retail investors”, says Tim Levene of Augmentum Fintech...
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.
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.
Master Investor: Strong start for new Fintech fund
Master Investor featured Augmentum in this article from 20th June. "Augmentum Fintech’s (LON: AUGM) portfolio of unquoted, early stage Fintech businesses has risen by an impressive 10.7% during its first year, with the managers looking to take advantage of a healthy...
Citywire: Good luck to Augmentum, it may get financial startups right
Citywire wrote about Augmentum in this article from 19th June. "Trusts such as Augmentum may be the only way private investors can get access to the market-leading companies of the future. Most parts of the private equity market are dominated by US companies and US...
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...
The fintechs coming to fix business banking, compared
Small business banking is broken. Now the race is on to fix it – but who has a head start?
Two awards for Zopa at the Moneywise Customer Service Awards 2019
Zopa won the award for ‘Most Trusted P2P Platform’ at the Moneywise Customer Service Awards, and were highly commended in the ‘Most Trusted Loans Provider’ category.
Citywire: Augmentum Fintech seeks £30m for Europe expansion
Citywire wrote about Augmentum in this article from 17 June: "Augmentum Fintech (AUGM), the £106 million venture capital investment trust backing peer-to-peer lender Zopa and stockbroker Interactive Investors, is looking to raise £30 million in its first share issue...
