Augmentum Fintech - First mover in listed fintech
Technological advances over the last couple of decades have already fuelled significant and permanent changes to how businesses in certain sectors operate. The finance industry has yet to go through this phase of its development and typically still has many structural and operating inefficiencies, which can lead to a poor, and costly, customer experience. Fintech companies are starting up with the aim of disrupting and disintermediating the traditional finance industry by providing efficient, low cost and personalised services. Augmentum Fintech was listed on the London Stock Exchange on 13 March 2018 and aims to generate capital growth over the long-term by investing in fintech businesses in the UK and Europe that are fast growing and/or have high future growth potential. It invests in early stage (but not seed stage) and later stage fintech businesses in scalable sectors, the focus being on banking, asset management, insurance, and cross-industry opportunities.
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