We have advised LSE-listed RetailBook on its £4.5m funding round led by fintech fund Augmentum Fintech.
RetailBook is a platform that enables retail investors to participate in primary capital market transactions on the same terms as institutional investors. In the past year, RetailBook has facilitated retail investor access to the UK’s largest IPOs: Applied Nutrition and Raspberry Pi.
The fundraising sees London-listed Augmentum Fintech join RetailBook’s existing investors Peel Hunt, Jefferies, Rothschild & Co and Hargreaves Lansdown to expand the platform across new asset classes, enhance its capabilities and foster new partnerships with retail brokerage platforms. Augmentum Fintech CEO Tim Levene will join the RetailBook board as part of the transaction.
Our corporate team was led by partner Paul Jefferson, who has advised RetailBook since its inception, with the latest equity investment being led by legal director Katie Porter, supported by solicitor Rehan Ahsan and with tax advice from legal director, David Williams.