An investment in the Company will enable investors to gain exposure to a focused portfolio of fast growing and/or high potential private financial services technology ("fintech") businesses based predominantly in the UK and wider Europe.

The Company will invest in early (but not seed) or later stage investments in unquoted fintech businesses which are high growth, with scalable opportunities, and have disruptive technologies in the banking, insurance and asset management sectors, including other cross-industry propositions.

The Company has agreed to acquire an initial portfolio of five fintech investments (“Initial Portfolio”) with an aggregate valuation of approximately £33.3 million as at 31 December 2017. The Initial Portfolio will be acquired by way of the acquisition of 100% of the partnership interests in Augmentum I LP (the "Partnership"), a limited partnership registered in Jersey (the “Acquisition”). The Management Team has managed the Partnership since 2010.

Certain members of the Management Team and RIT Capital Partners plc, the investment trust chaired by Jacob Rothschild, together represent the principal vendors of the Partnership (together “Partnership Vendors”), and they will invest approximately £2.7 million and £10 million, respectively, at the Issue Price as part of the Issue by way of the issue of consideration shares in respect of the Acquisition (the "Consideration Shares").

Through existing industry relationships of the Company’s Management Team, the Company expects to be able to benefit from access to an identified pipeline of assets currently in excess of £100 million.

The Company will leverage the Management Team's expertise, experience and networks in the fintech sector to drive value creation in its investee companies. The Management Team will actively manage the portfolio to maximise returns, including helping to scale the teams, refining and driving key performance indicators, stimulating growth, and positively influencing future financing and exits. The Company intends to realise value through exiting the investments over time. The Management Team’s performance record in respect of fintech investments shows a gross IRR of 19%.

The Company aims to substantially deploy the net proceeds of the Issue within 12 months of Admission.

Fidante Capital ("Fidante") is acting as sole broker, co-sponsor (alongside Dickson Minto W.S.) and bookrunner in relation to the Issue.