Leading a Public VC with Tim Levene, CEO of Augmentum FinTech
On today’s episode, Ryan Zauk sits down with Tim Levene, Co-Founder & CEO of Augmentum Fintech.
Augmentum invests in fast-growing fintechs disrupting financial services and is the UK’s only publicly listed investment company focusing on fintech in Europe. Launched on the London Stock Exchange in 2018, Augmentum gives businesses access to patient capital and support unrestricted by conventional fund timelines. This structure also gives public market investors access to a largely privately held investment sector during its main period of growth. Their portfolio of 19 fintech companies includes Tide, Interactive Investor, iwoca, Zopa, Monese, BullionVault and Farewill.
In this episode, we discuss:
- Getting started in a fledgling EU VC & Entrepreneurship scene
- The decision to go public as a VC
- Why fintechs stay private and how it hurts the public investor
- His portcos and some he’s kept his eye on including “death services”
…and more
Tim Levene is Co-Founder and CEO of Augmentum Fintech plc. As well as being an active fintech investor, Tim is an experienced entrepreneur, having also co-founded juice bar business Crussh and betting exchange Flutter.com, the latter of which became one of the highest-profile internet businesses in the UK after it merged with Betfair.com. Tim subsequently served as Commercial Director of Betfair.
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Ryan Zauk is an MBA Candidate at The Wharton School, where he runs the Wharton FinTech Podcast. After graduation, Ryan will join Morgan Stanley’s Menlo Park Office focused on technology. He has a passion for music, media, and all things FinTech.
You can reach him at rzauk@wharton.upenn.edu or on Twitter.
