London Stock Exchange welcomes Augmentum Fintech
London Stock Exchange today welcomes Augmentum Fintech to trading on the Main Market.
Augmentum Fintech's investment objective is to generate capital growth over the long term through investment in a focused portfolio of fast growing and/or high potential private financial services technology businesses based predominantly in the UK and wider Europe.
Tim Levene, co-founder and principal of Augmentum Capital, the Company's Investment Adviser, commented:
"The Company is well positioned to capitalise on the substantial demand for post-seed venture funding in the UK and wider Europe fintech market. We will continue carefully to curate a portfolio of high quality, compelling fintech investments and actively drive value creation at each business to deliver attractive risk adjusted returns over the long term for our new investors."
Fidante Capital acted as Sole Financial Adviser, Bookrunner and Joint Sponsor, alongside Disckson Minto, in relation to the Issue. Legal advice was provided by Stephenson Harwood, BDO acted as Reporting Accountants and Newgate provided financial communications advice. Frostrow Capital will act as AIFM to the Company.