London-headquartered Augmentum Fintech has appointed William Reeve as chairman of the board, effective on 1 November.

The FinTech said that Reeve brings extensive experience in the technology sector, both as an investor and operator, with expertise on all stages of the company growth lifecycle, including non-executive director and chair positions of start-ups, private equity backed businesses and publicly listed companies alike. 

As a serial entrepreneur, he oversaw the growth strategy of a range of firms, including Fletcher Research, acquired by Forrester Research, Lovefilm.com, acquired by Amazon and Secret Escapes.

Reeve is a former non-executive chair of Nutmeg, Graze, and Media Ingenuity, as well as non-executive director of other businesses including Paddy Power plc and Zoopla.

He is currently chief executive of Goodlord and a non-executive director of retailer Dunelm Group, where he serves as senior independent director.

Acting chairman of Augmentum David Haysey said: “Reeve brings a powerful combination of expertise as a successful technology entrepreneur who also has significant experience as a non-executive director of public and private companies.”

He added that Reeve’s familiarity with the FinTech landscape and extensive investment network will be instrumental in taking the firm “to the next level of its development.”

Tim Levene, chief executive at the FinTtech, emphasised how Reeve’s track record as a tech entrepreneur will be leveraged to accelerate the firm’s growth strategy.

In 2021, Augmentum raised £55 million in capital, surpassing its initial target of £40 million.

---