Zilch eyes ‘hot’ fintech IPO market amid product launch October 9, 2025 The boss of consumer payments platform Zilch has pledged to bring something “never seen before” to public markets as the fintech IPO scene heats up. Philip Belamant told City AM Klarna’s debut on the New York Stock Exchange – where the stock popped 15 per cent – was a “brilliant” indicator for fintech prospects. “I [...]
Nine in ten investors would back UK stocks if stamp duty scrapped October 9, 2025 Rachel Reeves is facing renewed calls to scrap stamp duty in a bid to boost the City’s market attractiveness on the global stage. Almost nine in ten UK retail investors said they would hike their investment in the country’s stocks if the levy – often dubbed a ‘shares tax’ – was scrapped, according to fresh [...]
Revolut boss abandons UK residency in favour of UAE October 7, 2025 The boss of London-born fintech juggernaut Revolut has abandoned his main residency in the UK in favour of the United Arab Emirates. Nik Storonsky’s updated residency was posted in fresh Companies House filings on the fintech chief’s family company on Tuesday. The move comes mere weeks after Revolut pumped £3bn into the UK as it [...]
Shawbrook confirms IPO plans as listings revival gathers pace October 6, 2025 Shawbrook has confirmed its plans for a stock market listing in the latest sign of a resurgence in activity in London’s IPO market. The Essex-based bank has today published its registration document ahead of its intention to apply to admit its shares to the main market of the London Stock Exchange in a move thought [...]
Dual US-UK listing ‘could become the standard’ says Fermi boss October 4, 2025 A dual UK-US listing could become the standard for IPOs of global firms on both sides of the Atlantic, the boss of Fermi has said, after the firm successfully floated on the Nasdaq and the London Stock Exchange. Toby Neugebauer, chief executive of Texas-based Fermi, said it “makes all the sense in the world” to [...]
IPO woes: Can LED face masks and tinned tuna IPOs revitalise London? October 4, 2025 The City heaved a sigh of relief on Friday morning, as two companies ploughed ahead with their plans to list on the London market, signalling that an IPO drought that has long plagued the London bourse may soon come to an end. The Beauty Tech Group announced the successful pricing of its initial public offering [...]
Beauty Tech makes strong debut on London Stock Exchange amid IPO drought October 3, 2025 Shares in Beauty Tech Group, the owner of at-home skincare device brands including CurrentBody, ZIIP Beauty and Tria Laser, rose on their first day of trading in London, offering a rare boost to the capital’s beleaguered stock market. The Cheshire-based firm priced its initial public offering (IPO) at 271p a share, giving it a market [...]
Shawbrook gearing up for £2bn IPO in boost to London market October 2, 2025 Specialist lender Shawbrook is preparing to announce intention of its London Stock Exchange debut – a move which could take place as soon as Thursday next week. Shawbrook’s private equity owner – Pollen Street Capital – is eying a £2bn valuation for the firm from the transaction. It comes amid a dire outlook for the [...]
FTSE 100 Live: Tesco shares rally; OpenAI nets $500bn price tag October 2, 2025 Good morning from the City AM liveblog team. The FTSE 100 is leading the City higher this morning as it continues to build on records sealed earlier in the week. The index rose 0.2 per cent to 9,464.91 this morning, following on from yesterday’s gains. Also continuing its rally was gold, propelled on by the [...]
Thought Machine lands £45m funding round after losses widen October 2, 2025 Thought Machine has sealed a £45m funding round after the London fintech reported widening losses. The funding was secured in July, according to fresh Companies House filings seen by City AM, but the firm had not previously disclosed the investment. Thought Machine said it obtained the cash from its existing investor base. “The funding supplements [...]