Augmentum Fintech plc (LSE: AUGM) (the "Company" or "Augmentum"), Europe's leading publicly listed fintech fund, notes the announcement by nCino, the NASDAQ listed US digital banking platform, that it has agreed to acquire FullCircl, the RegTech platform and a portfolio investment of the Company.
The transaction implies a valuation of the Company’s investment in FullCircl of £6.0 million subject to final adjustments, which represents a 75% increase on the last published valuation of £3.4 million as at 31 March 2024.
He co-founded Fletcher Research, LOVEFiLM.com and Secret Escapes.
Former NED/investor in numerous high-growth companies including CMA, CultBeauty, Graze, Nutmeg, Paddy Power PLC, Smart Pension, Secret Escapes, Tide, and Zoopla.
Augmentum Fintech plc (LSE: AUGM) (the "Company" or "Augmentum"), Europe's leading publicly listed fintech fund, notes the announcement by nCino, the NASDAQ listed US digital banking platform, that it has agreed to acquire FullCircl, the RegTech platform and a portfolio investment of the Company.
The transaction implies a valuation of the Company’s investment in FullCircl of £6.0 million subject to final adjustments, which represents a 75% increase on the last published valuation of £3.4 million as at 31 March 2024.
I believe the company to be further strengthened by the appointment of William Reeve as Chairman https://augmentum.vc/appointment-of-william-reeve-as-chairman/
Agree - great credentials:
He co-founded Fletcher Research, LOVEFiLM.com and Secret Escapes.
Former NED/investor in numerous high-growth companies including CMA, CultBeauty, Graze, Nutmeg, Paddy Power PLC, Smart Pension, Secret Escapes, Tide, and Zoopla.