Grahame Chilton and His Capsicum Private Office Take Stake in Illuminate Financial Management

Illuminate Financial Management has announced that Capsicum Private Office LLP, the family investment office of Grahame Chilton, is taking a stake in the firm as well as investing in their Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Opportunities Fund. Founded in 2014 by former ICAP Executive Mark Beeston, Illuminate Financial Management aims to use its founder’s background in the financial industry to both invest and provide advisory assistance to emerging fintech startups. As part of the investment, Capsicum Managing Partner, Rubert Swallow is taking a management board seat as well as joining the investment committee of the FinTech Oppurtunites Fund.

A long time insurance executive, Grahame Chilton provides additional industry experience and connections for Illuminate investment funds to grow their businesses. Speaking about the investment, Grahame Chilton, stated: "Illuminate Financial Management is a firm with a thorough understanding of all the stakeholders in the enterprise financial technology space: entrepreneur, early stage vendor, operating partner and investor. Partnering with IFM is a natural extension of Capsicum's investment approach which is to challenge existing business models,"

Mark Beeston, CEO and Founder of Illuminate Financial Management, added, "IFM is delighted to welcome Rupert Swallow and Grahame Chilton of Capsicum as both business partners and investors. Their decision to invest in both our company and our Capital Markets FinTech Opportunities Fund represents the strongest validation of the unique IFM offering."