Augmentum Fintech, which is preparing to float next month, has unveiled plans to issue a target of 100 million ordinary shares at a price of £1 each, with a maximum issue size of 125 million shares.
The Jacob Rothschild-backed firm aims to generate long-term growth through investing in UK and Europe-based fintech firms it deems to have high potential. So far, the firm has invested in peer-to-peer lending network Zopa, online broker Interactive Investor, crowdfunding platform Seedrs, platform SRL Global, precious metals investment trading platform BullionVault and Whiskey Invest Direct. According to Augmentum Fintech chairman Neil England, the firm has "significant upside potential and a pipeline of investments from which the company will actively drive creation". He added: "Th...
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