Augmentum Fintech (AUGM)

Sector:

Investment Firms

Index:

FTSE Small Cap

100.45p
   
  • Change Today:
      0.50p
  • 52 Week High: 112.50
  • 52 Week Low: 78.80
  • Currency: UK Pounds
  • Shares Issued: 169.83m
  • Volume: 188,976
  • Market Cap: £170.60m
  • RiskGrade: 153

Augmentum Fintech puts ?7.5m into Receipt Bank's series C round

By Josh White

Date: Friday 03 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Financial technology-focussed investment company Augmentum Fintech has made a £7.5m investment into UK-based digital bookkeeping platform provider Receipt Bank, it announced on Friday.
The London-listed firm said the investment was part of Receipt Bank's £55m series C fundraising, led by Insight Partners, with participation from existing investors Kennet Partners and Canadian Imperial Bank of Commerce (CIBC).

It explained that Receipt Bank, which was named one of the "50 fastest growing technology companies" by the Sunday Times 2019 Tech Track, was currently operating in six markets, namely the UK, the United States, Canada, Australia, South Africa and France.

The new funding would support further expansion to new markets in Asia and within Europe.

"Digital bookkeeping allows businesses to save both time and expense, and Receipt Bank's technology make the company a clear leader in this sector," said Augmentum Fintech's portfolio manager Tim Levene.

"Receipt Bank's continued growth and product evolution demonstrates that they provide an increasingly essential service for accountants as bookkeeping digitises, which is a trend that they will leverage as they continue their global expansion, and which is supported by this fundraising round."

At 0839 GMT, shares in Augmentum Fintech were down 0.1% at 102.9p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AUGM Market Data

Currency UK Pounds
Share Price 100.45p
Change Today 0.50p
% Change 0.50 %
52 Week High 112.50
52 Week Low 78.80
Volume 188,976
Shares Issued 169.83m
Market Cap £170.60m
RiskGrade 153

AUGM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.19% above the market average51.19% above the market average51.19% above the market average51.19% above the market average51.19% above the market average
54.05% above the sector average54.05% above the sector average54.05% above the sector average54.05% above the sector average54.05% above the sector average
Price Trend
20.46% above the market average20.46% above the market average20.46% above the market average20.46% above the market average20.46% above the market average
2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average
Income Not Available
Growth
67.66% above the market average67.66% above the market average67.66% above the market average67.66% above the market average67.66% above the market average
58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average

AUGM Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:26 194 @ 100.30p
16:15 1,457 @ 100.30p
15:51 600 @ 100.30p
15:16 6 @ 101.25p
15:10 24,210 @ 99.75p

AUGM Key Personnel

Chair Neil England

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