Investment

Deal of the Week: UK family office backs fast growing fintech

A UK family office owned by one of the country’s top entrepreneurs has backed a fast-growing fintech group. 

Puffin Point, owned by the Ogden family, has made its second investment in Storm2, a London-based fintech recruitment group.

The Ogden family is Storm2’s only publicly revealed outside investor to date. Since 2019, Puffin has ploughed $4.2 million into the group. 

Storm2 has partnered with more than 100 fintech firms and has rapidly expanded its team, making it one of the UK’s fastest-growing SMEs, according to sources.

Also based in London, Puffin Point, set up two years ago, has a diverse investment portfolio with allocations in the hotel and leisure, aviation, motorsports, marketing, e-commerce, and recruitment sectors.

Family patriarch, Peter Ogden made his money in IT and was one of the founders of Computacenter, now a major computer services business, and data company Dealogic

He first entered the recruitment sector in 2010 when he founded Spencer Ogden, a global energy engineering and infrastructure recruiter. This year, it was ranked number 7 in The Sunday Times profit track, an annual league table of Britain’s most profitable private companies.

 

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