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Augmentum Capital Looks to Raise $175mn to Back Fintech Startups

Augmentum Capital Looks to Raise $175mn to Back Fintech Startups

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EuropeFintechNews Roundup
··1 min read

Augmentum Capital, venture group backed by Lord Rothschild, is looking to raise more than $175mn for a closed end fund to invest in fintech startups; the company plans to take positions in p2p lending platform Zopa and crowdfunding platform Seedrs, both of whom are in the UK; “There are very few places you can go to right now to invest in fintech at the moment on the public markets,” said George O’Connor, analyst at Stifel, to the FT. “So [this] taps into the zeitgeist.” Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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