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Tide Secures $120 Million Investment to Boost Global Expansion

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Tide Secures $120 Million Investment to Boost Global Expansion

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The latest update is out from Augmentum Fintech PLC ( (GB:AUGM) ).

Tide, a leading business management platform serving 1.6 million SME customers globally, has secured a $120 million investment from TPG and existing investor Apax. This funding will accelerate Tide’s international expansion and product development, particularly in agentic AI. As Augmentum Fintech’s largest holding, representing 24.1% of its net assets, this development underscores the company’s strategic growth and attractiveness to global investors, aligning with other significant milestones in Augmentum’s portfolio.

The most recent analyst rating on (GB:AUGM) stock is a Buy with a £1.39 price target. To see the full list of analyst forecasts on Augmentum Fintech PLC stock, see the GB:AUGM Stock Forecast page.

More about Augmentum Fintech PLC

Augmentum Fintech PLC is the UK’s only publicly listed investment company focusing on the fintech sector in the UK and wider Europe. It invests in fast-growing fintech businesses that are disrupting the financial services sector, providing these businesses with access to patient capital and support. Launched on the main market of the London Stock Exchange in 2018, Augmentum offers public market investors access to a largely privately held investment sector during its main growth period.

Average Trading Volume: 438,433

Technical Sentiment Signal: Sell

For a thorough assessment of AUGM stock, go to TipRanks’ Stock Analysis page.

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