Augmentum Fintech and Tikehau Capital have announced an enhanced partnership to help European FinTech grow.
In Brief:
Augmentum Fintech is the only publicly listed investment company in the UK.
Tikehau Capital is an alternative asset manager with a global focus.
Tikehau has strengthened the partnership by investing a higher stake in Augmentum as part of the fund’s £55mn share issuance.
What does this mean?
Both firms say they have similar aims to support FinTechs and help them grow. Tikehau Capital will increase its involvement in venture capital through Augmentum, which has also expressed aims to expand across Europe.
