As we kick off 2021 we are delighted to announce our investment in and partnership with ParaFi Capital, who are backing pioneers in the decentralised finance (DeFi) and blockchain spaces.
As we come to the end of an unprecedented year, we wanted to take the opportunity to reflect on what has been an exceptionally busy twelve months for our team and portfolio companies.
We are delighted to announce an investment into open banking payments platform VOLT.
Earlier today, Onfido announced a change in leadership for their next phase of growth.
The two firms have teamed up to provide better financial services to those relying on the gig economy, the self-employed and those living abroad.
Earlier today, equity crowdfunding platform Seedrs announced plans to merge with Crowdcube, creating one of the world’s largest private equity marketplaces.
SME business bank Tide has been awarded £25m from the RBS Alternative Remedies Package Pool E Fund, in partnership with ClearBank.
Onfido, Farewill, Habito, Monese and Previse feature in this year’s The FinTech 50: “The top European fintechs to watch in 2020”, and Onfido takes the top spot.
Augmentum portfolio company Farewill featured in Business Insider’s “7 Hottest Lawtech Startups to Watch in 2020” article.
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
“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.
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
iwoca joins list of CBILS accredited lenders
Tide accredited to deliver Bounce Back Loans
iwoca ranked 22nd in the "Sunday Times International Track 200: British private companies with the fastest growing international sales" Read more and see the full rankings here
Onfido, today announced a year-over-year growth of 130%. The significant revenue growth, coupled with its first US acquisition, key leadership appointments and sustained industry recognition, signal continued scale and growth for the company as it focuses on widening...
Augmentum are in good company in the "111 London startups to watch in 2020" ranking from SeedTable, alongside portfolio companies Onfido, Receipt Bank, Tide, Habito, iwoca and Seedrs. Read more and see the full list here
We are delighted to announce our first investment of 2020, £7.5m into digital bookkeeping platform Receipt Bank. Read the full announcement here and hear Tim Levene explain why the team are backing the company below...