Augmentum Fintech appoints tech entrepreneur William Reeve as new chairman
Augmentum Fintech, a publicly listed fintech fund headquartered in London, has appointed William Reeve as an independent non-executive director and new chairman of the board, effective 1 November 2024.
William Reeve named new chair of Augmentum (Image: Augmentum Fintech)
Reeve will also serve on Augmentum’s nominations, audit, valuations, and management engagement and remuneration committees.
He is currently CEO of proptech firm Goodlord and a non-executive director at retailer Dunelm Group. Reeve is set to retire from his role at Dunelm on 21 November 2024 after nine years with the company.
His 35-year career includes roles at industry giants such as IBM, NatWest, and McKinsey & Co. He also co-founded Fletcher Research (acquired by Forrester Research), Lovefilm (sold to Amazon in 2011) and Secret Escapes.
Reeve has also held board positions at companies including Graze, Zoopla, and Paddy Power, as well as serving as non-exec chair of digital wealth manager Nutmeg for three years, where he helped lead the company’s sale to JP Morgan in 2021.
Founded in 2018, Augmentum invests in fintech companies in both early and later stages, targeting sectors like asset management, banking, insurance, and wider financial services.
The company, which claims to be the UK’s only publicly listed fintech-focused investment firm, has backed over 25 companies since its inception, including participating in Volt’s $60 million Series B in June 2023.
Tim Levene, CEO of Augmentum Fintech Management Limited, states Reeve will bring a “fresh perspective and strategic value as we navigate new opportunities and expand our market presence”.
