The Augmentum Fintech plc Annual Results for the year ended 31 March 2021 was released this morning.
See Portfolio Manager Tim Levene talk through the highlights below, and read the full report here.
We are delighted to announce our two latest investments, in Cushon and Epsor. Read on to learn about our pensions thesis and specific investment rationale for these two companies innovating in the workplace savings sector across the UK and France respectively.
“Bankers, once kings of capital, may be dethroned by payment platforms”.
The Economist explores the shifting balance of power through looking at the significance of data and other ways in which tech companies are reverse-engineering banking in this “Banks vs big tech” special report.
We are pleased to announce our first Female Fintech Founders Pitch Event in partnership with Outward VC, happening on 20th May. Hear six early stage Founders pitch live and answer your questions in a Q&A.
“Innovate Finance data shows $4.1bn was invested across 408 deals in 2020, putting the UK second only to the US in total capital raised, and showing the continued importance of the industry to the UK economy.”
Congratulations to Dext on their new investment round, with Hg.
We first invested in the digital bookkeeping platform (then called Receipt Bank) in their Series C round back in January last year.
We are delighted to welcome Fareedah Daranijo to our team, as our Digital Marketing & Operations Assistant. Learn more about her in our latest “Meet the Team” feature.
Augmentum’s Ellen Logan and Georgie Hazell have been recognised on this year’s Innovate Finance Women in Fintech Powerlist, which exists to celebrate female leaders and innovators transforming financial services.
We are delighted to welcome Reginald de Wasseige to our Investment Team. Learn what he finds most exciting about the European fintech scene, his favourite business biographies and how he has found relocating to London during the pandemic in our latest ‘Meet the Team’ feature.
“Founder of the European Tech Club, he moderates conversations in the Club and drops smart comments about European tech and fintech.” Augmentum’s Akash Bajwa has been named by Sifted as one of twenty European tech leaders to follow on Clubhouse.
David Stevenson explored the case for financials in his latest piece for CityWire’s Funds Insider. “In the same vein I would also thoroughly recommend a specialist investment trust called Augmentum (AUGM), run by Tim Levene, which I have invested in and puts money to work in much earlier stage fintech businesses, many of which are in the UK.”
“Retail investors have embraced this emerging asset class, seeing us as one very effective way of indirectly getting exposure to a diversified set of assets.” Good Money Guide’s Richard Berry spoke to Tim Levene about the ups and downs of investing in fast-growing, unquoted fintech businesses.
The Kalifa Review of UK Fintech was published this morning, setting out a plan for the UK to retain its global leadership in fintech by helping the country’s financial technology firms to scale up, access the talent and finance they need, and deliver better financial services.
This special edition of The Fintech Club will cover the outcomes of the UK government’s Independent Strategic Review of UK Fintech, looking at priority areas for industry, policy makers, and regulators to explore to foster innovation, maintain an ecosystem that supports growing firms, and promote the integration of new technologies across financial services.
Receipt Bank rebrands to Dext. Hear all about their new chapter from CEO Adrian Blair and Tim Berners-Lee at their free event on 23rd February.
iwoca has been named as the no. 1 small business lender and top fintech firm on The Sunday Times Fast Track.
Augmentum’s Martyn Holman and Ellen Logan are looking forward to speaking with Innovate Finance members tomorrow as part of their Fintech Investor Office Hours Week.
Augmentum Associate Ellen Logan named by Sifted as one of Europe’s top 30 young VCs, “poised to lead the next era of European venture”.
Global identity verification and authentication company Onfido has announced another record growth year in 2020, with global annual recurring revenue (ARR) increasing by 82% YoY.
We’re looking forward to being involved in the next Power to Black Founders event with Founders Factory, TechNation and 10×10.