TIDMAUGM 
 
4 October 2021 
 
                             Augmentum Fintech plc 
 
                     $5.0 million investment into Wematch 
 
Augmentum Fintech plc (LSE: AUGM) ("Augmentum"), the UK's only publicly listed 
investment company focussing on the fintech sector, announces that it has made 
a $5.0 million (c.£3.7 million) investment into Wematch. 
 
Augmentum has invested in Wematch's $19.4 million Series B, led by Deutsche 
Börse, with participation from Illuminate Financial. Existing investor J.P. 
Morgan is also participating in the round. 
 
Wematch (https://wematch.live) is a capital markets trading platform that helps 
financial institutions transition liquidity to an orderly electronic service, 
improving productivity and de-risking the process of voice broking. Their 
solution helps traders find liquidity, negotiate, trade, optimise and manage 
the lifecycle of their portfolios of assets and trade structures. Wematch is 
focused on structured products such as securities financing, OTC equity 
derivatives and OTC cleared interest rates derivatives. 
 
Wematch is headquartered in Tel Aviv and has offices in London and Paris. Its 
software is used by 40 banks, 17 fund managers and more than 1.000 traders 
across Europe, and since 2020 the US. 
 
Tim Levene, CEO of Augmentum Fintech, said: "This is Augmentum's first 
investment into the capital markets space, where we have been convinced for 
some time that innovative fintech solutions could improve market efficiency. 
Wematch is already active in multiple asset classes and is leveraging 
technology to change how market participants interact, helping reduce 
operational risk while controlling costs thanks to their differentiated 
subscription model. As such, Wematch makes a compelling addition to the 
portfolio." 
 
END 
 
Augmentum Fintech 
Tim Levene, Portfolio Manager                         +44 (0)20 3961 5420 
Nigel Szembel, Investor Relations                     +44 (0)7802  362088 
                                                      nigel@augmentum.vc 
 
Peel Hunt LLP                                         +44 (0)20 7418 8900 
Liz Yong, Luke Simpson, Huw Jeremy, Tom Pocock 
(Investment Banking) 
 
Singer Capital Markets                                +44 (0)20 7496 3000 
Harry Gooden, Robert Peel, James Moat 
(Investment Banking) 
 
Frostrow Capital LLP                                  +44 (0)20 3709 8733 
Paul Griggs, Company Secretary 
 
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. 
 
Neither the content of any website referred to in this announcement nor the 
content of any website accessible from hyperlinks is incorporated into, or 
forms part of, this announcement. 
 
 
 
END

(END) Dow Jones Newswires

October 04, 2021 04:00 ET (08:00 GMT)

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