£55m placing by Augmentum Fintech plc

BDO.LiveSite.Deals.DealTypeCapital markets & Transaction Services
BDO.LiveSite.Deals.IndustryFinancial Services & Technology & Media
BDO.LiveSite.Deals.SubIndustryTechnology
BDO.LiveSite.Deals.ClientNameAugmentum Fintech plc

In 2018, Augmentum Fintech plc became the first publicly traded Fintech focused VC in the UK.  Augmentum is a Premium Listed fund focused on fast growing Fintech businesses across Europe. 

The Initial Issue was heavily oversubscribed with demand significantly exceeding both the target issue size and the maximum issue size.  

The Company plans to support its existing portfolio and capitalise on its qualified pipeline of new investment opportunities.

BDO has supported the Company since its IPO and acted as reporting accountant in relation to the transaction.