Portfolio News

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...

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.

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.

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.

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.

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.

One fintech that’s feeling some UK establishment love is Onfido, a London-headquartered digital identity company that’s just made it through to the next round of the FCA’s global sandbox.

One fintech that’s feeling some UK establishment love is Onfido, a London-headquartered digital identity company that’s just made it through to the next round of the FCA’s global sandbox.

Fintech innovation is overhauling the supplier payments sector before another Carillion-style disaster occurs, according to Paul Christensen, CEO and founder of machine learning supplier payments firm Previse.

The banking app, which counts Monzo, Revolut and Starling Bank among its rivals, said over 3,000 people are now joining Monese every day across its dual UK and European current accounts.

BullionVault and WhiskyInvestDirect Founder Paul Tustain shares his entrepreneurial journey in the Financial Times.

Onfido, the global identity verification provider, today announced it has raised $50M in funding, bringing the total investment in the company to over $100M.

Metro Bank, Starling Bank and ClearBank (in partnership with Tide) have been awarded a combined £280m from an RBS fund designed to boost business banking competition.

Monese, the globally-connected banking service, has joined up with Avios, the loyalty currency, so users can easily track and maximise their Avios balance and check their transactions.

Small business lending challenger iwoca has closed a total fundraise of £150m, led by an earlier £7.5m investment from London-listed fund Augmentum Fintech.

Monese nominated for City AM’s Innovative Company Award

Our Venture Partner Martyn Holman writes on how unequal returns in Venture Capital have influenced the industry.