Company Research Report: Augmentum Fintech
Company Overview
- Name: Augmentum Fintech PLC
- Mission: Dedicated to backing ambitious, high growth companies transforming the financial services industry.
- Founded: Information not provided.
- Founder(s): Information not provided.
- Key People:
- Tim Levene: Partner and CEO
- Richard Matthews: Partner and COO
- Georgie Hazell Kivell: Director of Marketing and Operations
- Perry Blacher: Partner
- Reginald de Wasseige: Principal
- Johnnie Martin: Investor
- Maliha Mooney: Executive Assistant
- Sofia Wiecko: Accountant
- Martha Horrox: Marketing Associate
- Harry Jones: Senior Portfolio Analyst
- Jessica Frydling: Associate
- Brandon Mhangami: Associate
- Headquarters: Information not provided.
- Number of Employees: Information not provided.
- Revenue: Information not provided.
- Known For: Augmentum Fintech PLC is renowned for investing in high-growth private fintech companies across Europe, typically at Series A and beyond. It is one of Europe's leading publicly listed fintech funds.
Products and Services
- What they offer: Augmentum Fintech offers a diversified portfolio of high growth private fintech companies through Augmentum Fintech PLC.
- High-level description: They invest in early and later-stage fast-growing fintech businesses that disrupt the banking, insurance, asset management, and wider financial services sectors.
- Key Features of Products:
- Access to a focused yet diversified portfolio
- Investment in fintech companies transforming financial services
- Partnering with exceptional fintech teams across Europe
Recent Developments
- Recent Developments:
- Investment into Pemo: Announced an investment into UAE-based Pemo.
- Tide Acquisition: Tide acquires Onfolk as part of its expansion strategy.
- Proposed Acquisition: FullCircl by nCino.
- New Product Launches: No specific product launches were detailed.
- New Features Added: Information not provided.
- New Partnerships: No additional partnerships other than those mentioned under recent developments.
Additional Information
- Portfolio Overview:
- The portfolio is diversified across 26 fintech companies in 9 countries.
- Employs a total of 5,429 individuals across their portfolio.
- Performance Metrics:
- Net Asset Value: £294.6 million
- Internal Rate of Return (IRR): 14% on capital deployed since inception.
- Investment Objective:
- As Europe's leading venture capital firm focused on fintech, Augmentum offers public market investors rare exposure to growth journeys in fintech.
- Philosophy and Values:
- Augmentum partners with fintech teams, working closely with them to accelerate growth.
- They maintain a long-term collaborative approach with portfolio companies, focused on patient capital investment.
- Performance Reports:
- Interim Results for the six months ended 30 September 2024.
- Yearly Capital Markets Day gathering with institutional investors.
- Team Network:
- A team with substantial experience in both entrepreneurship and investment, possessing a deep network within and beyond the fintech sector to aid business development and fundraising efforts.
This report encapsulates the essential information on Augmentum Fintech, its strategic investments, key personnel, and recent developments. This market analysis provides an in-depth look into how Augmentum positions itself as a major player in backing transformative fintech enterprises across Europe.