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Secondary fundraising

  • Revolut investors eye $100bn price tag in push for new share sale

    Fintech

    Revolut is weighing a fresh secondary share sale in the second half of 2026 as investors at the fintech giant hope to secure the $100bn price tag ahead of its highly-anticipated public debut. The London-born digital bank is in early talks over a transaction that would give new investors the opportunity to buy into the [...]

    Puerto Rico gold card showcasing premium design and exclusive benefits for cardholders on a business news website
  • Analysts look to follow-on funding for London Stock Exchange IPO revival

    Investing

    Amid a dearth of London Stock Exchange IPOs there’s one area where the UK is leading Europe, so-called secondary or follow-on fundraising. In 2024, London’s stock exchange fell to 35th in the world for money raised from IPOs, bringing in $576.7m (£459m), just 0.53 per cent of the global market. However, when including follow-on fundraising, the [...]

    Princes expects to trading to commence by the end of October
  • London’s share of global IPO market plunges but City shines in one area

    Markets

    The proceeds from global initial public offerings (IPOs) sank three per cent in 2024 to its lowest value since 2008, with the UK falling to 35th among all stock exchanges. There were 1,145 IPOs globally in 2024, compared to 1,271 in the year before, data from the London Stock Exchange provided to City AM revealed. [...]

    Two new IPOs are ending the London exodus
  • More bad news for London’s AIM: Secondary funding tanks by a third

    September 25, 2024

    Secondary funding on London’s Alternative Investment Market (AIM) has dropped 33 per cent in the last year alone, as more bad news piles on the junior market. While IPOs have dried up on AIM, secondary funding hasn’t fared much better: Only £1.2bn was brought in through secondary fundraisings over the last year to 31 August, [...]

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