A backer of main British fintechs together with Tide and Zopa will this week identify one of many founders of Lovefilm as its new chairman.
A supply mentioned his appointment may very well be introduced as quickly as Monday.
Mr Reeve co-founded Lovefilm, which was bought to Amazon, and Secret Escapes, a web based journey agency which has attracted substantial backing from institutional traders.
He has additionally chaired well-known tech firms together with Nutmeg, the wealth administration app which was purchased by JP Morgan, and Graze.com, the subscription snacks model which was acquired by personal fairness large Carlyle.
Mr Reeve is now chief govt of Goodlord, a property expertise enterprise, and sits on the board of house furnishings retailer Dunelm.
He is because of retire from the Dunelm board subsequent month.
At Augmentum Fintech, Mr Reeve will chair a enterprise which has invested in additional than 25 firms since its launch, together with Interactive Investor, which was bought to the fund supervisor Abrdn, and Farewill, the monetary and authorized companies platform.
Augmentum couldn’t be reached for touch upon Sunday.
