RetailBook, a fintech startup established in 2022 and backed by website Peel Hunt, has successfully raised £4.5 million in a new funding round led by London-listed investment fund Augmentum Fintech. The fundraising marks a major step in RetailBook’s mission to open up capital markets to private investors on equal terms with institutional players.
RetailBook’s platform gives retail investors access to opportunities such as IPOs, bond offerings, and follow-on placements—once reserved only for big institutions. Augmentum Fintech, which counts copyright & Co., Jefferies, and Hargreaves Lansdown among its backers, has now joined the firm’s investor roster.
Tim Levene, CEO of Augmentum, emphasized the alignment of RetailBook’s goals with their mission to democratize investment access. He will also join the board of RetailBook as part of the partnership.
James Deal, co-CEO of RetailBook, noted that the funding will help expand across new asset classes and partner with more retail broking platforms, while continuing to support inclusive, vibrant UK capital markets.