Augmentum Fintech Share Discussion Threads

[eh9] 12/5/2018 17:46

Except this lazy fund owns Zopa which is not sought after

[eh9] 11/5/2018 10:07

Presumably this will gain from sale of Zoopla

[eh9] 04/5/2018 16:34

Totally lazy that they collected all that cash and left 80% uninvested! They really should not have launched the fund until they had 65% invested

[nurdin] 13/4/2018 12:09

The only surprise here is that they have not added any new investment since flotation.

[p1nkfish] 04/4/2018 11:02

They need to be more creative with allocation imho.
Fintech, AI. Neither new but "nice" buzzwords.

As for AI in finance, it's been in development with the big players for years including substantial machine learning research investments, in house.

Who runs iii SIPP offering.

[hazl] 20/3/2018 19:54

20 Feb 2018 - Neil England, chairman of Augmentum Fintech plc, said: “Augmentum provides investors with an established and successful management team with access to an attractive seed portfolio which still has significant upside potential and an identified pipeline of investments from which the company will actively ...

[hazl] 19/3/2018 14:43

It's good in these markets I think that they have still got
lots of the money and clearly spending-power.... and can then spend it at the right time hopefully.

[eh9] 19/3/2018 11:34

Iii is the second largest fund platform in the uk after hl and is bigger than ajbell by aum which is in the process of starting its ipo

[hazl] 16/3/2018 09:32

'Summarizing four days of fintech content can be done using a four-letter word: data. That simple term and its many uses was the overarching theme of FinovateEurope last week in London.

The use of data is not new to the industry, but advanced AI models have helped data evolve from the early days of “Big Data” in fintech. Leveraging large data sets for a variety of uses has become an industry standard, but players who make the most of their data will win.

Below, I’ve categorized a variety of data uses, all shown and discussed at FinovateEurope last week. Remember– it’s not how much data you have– it’s how you use it.

'When talking about data, artificial intelligence seems like a good place to start. It is AI, after all, that offers deep insight into data.

In his keynote presentation, futurist Rohit Talwar discussed the AI revolution and the road to superintelligence. In the speech, Talwar explained six types of AI:

Domain specific: the AI knows a lot about the problem, but not about the world surrounding it
Context-aware: the AI is able to retain information for later use
Theory of mind: the AI has the capacity to reason like a human
Self-aware: the AI has an understanding of human emotions
Superintelligence: the AI is capable of out-thinking humans
Singularity: the AI has achieved enlightenment and transcendence'

from finovate.com blog

[hazl] 16/3/2018 06:49

Augmentum Fintech PLC said the financial services sector is ‘ripe for disruption and disintermediation217; but, unlike other sectors such as retail and travel, this has yet to happen.

[hazl] 15/3/2018 18:12

This is interesting......perhaps AUGM will get some good companies at a great price if they bide their time and are very selective.

[hazl] 15/3/2018 16:24

'the management team is well-networked and involved in some of Europe’s most innovative fintech businesses. Our significant entrepreneurial, operational and investment experience as well as our established track record offers investors targeted exposure to a sector that is difficult to gain access to. We expect to deliver attractive risk adjusted returns through a highly curated portfolio of high calibre fintech companies.”
hxxp://www.bqlive.co.uk/london-the-south/2018/02/20/news/augmentum-fintech-plans-100m-float-30727/

[hazl] 15/3/2018 16:21

The Management Team sees the opportunity to capitalise on the lower valuations of early stage businesses in Europe, as compared to the US, resulting from lower levels of capital at key stages of a company’s growth

[hazl] 15/3/2018 16:19

Experienced and entrepreneurial Management Team with a strong track record in fintech venture capital generating 19% per annum since inception*

[hazl] 15/3/2018 16:17

hxxps://wwW.seedrs.com/augmentum-fintech

'An investment in the Company will enable investors to gain exposure to a focused portfolio of fast growing and/or high potential private financial services technology businesses based predominantly in the UK and wider Europe to deliver attractive risk-adjusted returns for shareholders.

The Company will invest in early stage (but not seed stage, where the risk profile of investments is considered to be higher) and later stage fintech businesses which have high growth potential in scalable sectors. These opportunities will predominantly be focused on disruptive technologies in the banking, insurance and asset management sectors, as well as other cross-industry propositions.'

[hazl] 15/3/2018 08:37

EXCELLENT EH9.
Indeed.

[eh9] 15/3/2018 08:35

You need to remember this is 70% cash still at this point! They have yet to invest the remaining 70%