Betfair was founded in 1999, when online betting was virtually unknown. Today Paddy Power Betfair is a FTSE 100 company, valued at £7 billion.

Tim Levene joined Betfair in 2001 and was instrumental in its success. But he left in 2010 to set up a new venture, Augmentum because he believed that the financial services sector would, over time, be transformed by the internet, in much the same way as the betting industry has been.

Augmentum has expanded significantly over the past eight years by investing in fast-growing financial technology companies, including Zopa, the world’s first peer-to-peer lending platform and Seedrs, the successful crowdfunding venture.

Read article

© 2018 Augmentum Fintech plc. All rights reserved.
Registered in England and Wales, company no. 11118262

Augmentum Fintech plc conducts its affairs so that its shares can be recommended by independent financial advisers (IFAs) to retail private investors. The shares are excluded from the Financial Conduct Authority's (FCA's) restrictions which apply to non-mainstream investment products because they are shares in a UK-listed investment trust

Investors should seek independent financial advice before investing. The value of your investment can go down as well as up, so you could get back less that you invested.

Back To Top