Augmentum Fintech to raise £28m in new placing of ordinary shares

Habito, Grover and Iwoca investor Augmentum Fintech is planning to raise £28m for future investments by conducting a placing of new ordinary shares.

The venture capital investment firm, which went public in 2018, also announced the launch of a retail offer aimed at allowing retail investors to participate in this equity fundraising alongside its institutional investors, reported P2P Finance News.

Retail shares will be offered on a first come, first served basis. The offer will close at 5pm on October 29, as in this Thursday.

The retail offer is available commission-free through the PrimaryBid platform and mobile app.

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