REG-Augmentum Fintech plc: Tide Secures $120 Million Investment

Augmentum FintechAnnouncement

23/09/2025 07:00

23 September 2025

Augmentum Fintech plc

 

Tide Secures $120 Million Investment

 

Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the "Company"), Europe's
leading publicly listed fintech fund, notes the announcement by portfolio
company Tide that Tide has secured investment of USD$120 million from TPG and
existing investor Apax.

Tide, the UK’s leading business management platform, now serves 1.6 million
SME customers worldwide, including in the UK (in which it has 14% market
share), India, Germany, and as of earlier this month, France. The new funding
will accelerate Tide’s international expansion, support rapid product
development and advance its investment into agentic AI.

Tide is Augmentum’s largest holding, representing 24.1% of net assets1 as at
31 March 2025. Augmentum first invested in Tide in September 2019, leading
Tide’s first round of Series B funding. This funding announcement does not
reflect a material impact on the NAV that was reported in the Company’s
Annual Results on 30 June 2025.

Tim Levene, CEO of Augmentum Fintech, commented: “Tide’s sustained growth,
achieved both organically and through strategic acquisitions, continues to
represent an attractive opportunity for global investors, as evidenced by TPG
joining the register. This announcement follows a series of notable milestones
across the Augmentum portfolio, including Gemini’s IPO2 and Zopa’s
acquisition of Rvvup Ltd.”

 

 

Notes
1. Percentage of NAV after performance fee.
2.
https://augmentum2024eutfm1.q4web.com/news/news-details/2025/Augmentum-Fintech-plc---Initial-Public-Offering-of-Gemini/default.aspx

Enquiries

 Augmentum Fintech Tim Levene (Portfolio Manager) Nigel Szembel (Investor Relations)  +44 (0)20 3961 5420 nigel@augmentum.vc  
 Woodrow Communications Juste Rekstyte (Press and Media)                              +44 (0)20 8636 8753 press@augmentum.vc  
 Peel Hunt LLP Liz Yong, Huw Jeremy (Investment Banking)                              +44 (0)20 7418 8900                     
 Singer Capital Markets James Moat, James Fischer (Investment Banking)                +44 (0)20 7496 3000                     
 Frostrow Capital LLP Paul Griggs (Company Secretary)                                 +44 (0)20 3709 8733                     

About Augmentum Fintech

Augmentum invests in fast growing fintech businesses that are disrupting the
financial services sector. Augmentum is the UK's only publicly listed
investment company focusing on the fintech sector in the UK and wider Europe,
having launched on the main market of the London Stock Exchange in 2018,
giving businesses access to patient capital and support, unrestricted by
conventional fund timelines and giving public markets investors access to a
largely privately held investment sector during its main period of growth.

 



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