RetailBook, the platform that enables retail investors to participate in primary capital market transactions on the same terms as institutional investors, today announces a £4.5 million funding round led by Augmentum Fintech, one of Europe's leading fintech investors.
Retail participation in primary markets has accelerated meaningfully in recent years and is considered essential to improving market liquidity and function. Consequently, policymakers have introduced significant regulatory change including fundamental revision to the Listing Rules and the Prospectus Regime, closely aligning RetailBook's agenda with the Government's focus on reform and growth.
In February, RetailBook significantly expanded its capability through the hire of the former PrimaryBid Capital Markets Team, individuals with unique expertise in retail inclusion. The combined team has unparalleled experience, having executed over 400 transactions across both equity and debt, in the UK and Europe.
Augmentum joins existing investors Peel Hunt, Jefferies, Rothschild & Co, and Hargreaves Lansdown in supporting the next stage of RetailBook's growth, which will see the company focus on expanding its product across new asset classes, growing its platform capabilities, and forging new partnerships with retail brokerage platforms.
We are delighted to welcome Augmentum and look forward to utilising their extensive expertise and network in the fintech sector. Our goal remains the delivery of comprehensive public inclusion. Retail investors are a crucial component of vibrant capital markets and we are excited by the pipeline of truly exceptional companies that are considering London as their listing venue.
James Deal, Co-CEO
This fundraise allows us to execute our growth strategy and continue our journey of retail investor empowerment. Strategic expansion through the hire of a team with unique expertise and an unrivalled track-record has delivered exactly what we forecast, including widening our product set to include a new fixed income service that has already raised record amounts from retail investors.
Aaqib Mirza, Co-CEO
We have had a relationship with the RetailBook team for some time, and their work to democratise investment access directly reflects Augmentum's core mantra. With recent market reforms focused on enhancing UK market liquidity and the government's emphasis on unlocking diverse capital pools, RetailBook is poised to play a crucial role. Their excellent team, strong network, and best-in-class solution will enable them to become the key channel for retail participation in public markets.
Tim Levene, CEO at Augmentum Fintech
