UK - based venture capital firm Augmentum Fintech added three fintech investments to its portfolio in its £ 94 m ( $ 121 m ) initial public offering in March . Augmentum has invested £ 3 m in mobile banking service Tide , participated in a $ 7 m series A round in B2B payments start - up Tide , and invested £ 2 m in private client information platform DueDil , in a round which raised up to £ 8 m . The business - which has fintech czar and Passion Capital partner Eileen Burbidge as chairman - enables users to set up a fully functioning business account in a matter of minutes using their passport or driving licence. Augmentum 's portfolio also includes BullionVault , Interactive Investor and Seedrs .
UK - based venture capital firm Augmentum Fintech added three fintech investments to its portfolio in its £ 94 m ( $ 121 m ) initial public offering in March . Augmentum has invested £ 3 m in mobile banking service Tide , participated in a $ 7 m series A round in B2B payments start - up Tide , and invested £ 2 m in private client information platform DueDil , in a round which raised up to £ 8 m . Augmentum 's portfolio also includes BullionVault , Interactive Investor and Seedrs .