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.”
“Augumentum Fintech (AUGM) has hailed the ‘fundamentally changed behaviours’ engendered by Covid-19 as pivotal for the young financial technology companies it backs” wrote Jeremy Gordon for Citywire’s Investment Trust Insider.
Augmentum Fintech plc announce its Final Results for the year ended 31 March 2020.
We are pleased to have won ‘Best Marketing Campaign’ in the The Association of Investment Companies (AIC) Shareholder Communication Awards 2020.
Receipt Bank acquires data processing platform Xavier
AltFi: Here are the fintech sectors which are thriving (and those which are just surviving)
Onfido wins two CogX 2020 Awards
We are delighted to announce that Augmentum Fintech plc will be joining the FTSE SmallCap Index and the FTSE AllShare Index with effect from after the close of business on 19th June.
Augmentum Head of Engagement Georgie wins WeAreTheCity Rising Stars Award
iwoca joins list of CBILS accredited lenders
Tide accredited to deliver Bounce Back Loans
An intro to fintech in the UK: companies, stocks and how to invest
Fintech in the Eye of the Storm: A fintech investor’s view of the industry in 2020 and beyond
Today marks the start of UK Fintech ‘Week’ (taking place from 14th April until 1st May).
We are delighted to announce the launch of TeenVC, powered by Augmentum Fintech, a free digital education platform where teenagers can learn about Venture Capital (VC) and entrepreneurship.