Augmentum Fintech Plc invests £7.5 million into Receipt Bank

  • Jan 03, 2020 GMT
  • Team Kalkine
Augmentum Fintech Plc (LON: AUGM) has informed about a £7.5 million investment into Receipt Bank.
  • The company, which is the only publicly listed investment company focusing on the fintech sector, has made the investment in Receipt Bank for its £55 million Series C fundraising.
  • The new funding will aid Receipt Bank’s further expansion to new markets in Asia and within Europe, other than its currently operated six markets.
  • On 3rd January 2020, at the time of writing, GMT 08:09 AM, AUGM shares were trading at GBX 103.00, unchanged against the previous day closing price.

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