Crowdcube Kumbara Manages £45 Million Secondary Transactions at an £800 Million Valuation, Platform Rapidly Crosses £100 Million in Secondary Transactions


‘Crowdcube’S. The volume of new business, particularly in managing secondary transactions for employee tenders, will soon exceed £100 million.

This is the third secondary transaction in collaboration with Crowdcube. of the London Stock Exchange Private Securities Market fish

Recently Crowdcube managed wowve Secondary transactions totaling approximately $85 million took place.

Today Crowdcube is interested piggy banks £45 million secondary sales. Moneybox is a UK based company. rich technology The company raised growth capital on Crowdcube in 2020. Moneybox is currently valued at £800 million (∼US$1.1 billion); this reported annual revenues of £115 million in 2025, up 45% since 2024. Secondary is exclusive and permissioned to Crowdcube, with investor access controlled by Moneybox.

Ben StanwayMoneybox Co-Founder and Chief Executive said the £800 million valuation is recognition of the progress they have made as one of the UK’s leading wealth management platforms.

“PISCES represents a significant innovation for the UK capital markets and we are proud to be among the first companies to help demonstrate how it can support the next generation of ambitious private businesses.”

Moneybox, which launched in 2016, has reported assets under management exceeding £23 billion, serving more than 1.9 million customers in the UK and reaching profitability by 2023.

The secondary process was defined as: “The next milestone in Moneybox’s growth journey gives long-serving Moneybox employees the opportunity to realize some of the value they helped create as the business grows.”

In a blog post, Karen KerriganMoneybox Operations Director stated that they are pleased to work with the platform once again, adding that they are the first Fintech to use the PISCES framework while providing liquidity to their employee shareholders.

“Looking ahead, we remain focused on delivering great results for our clients, sustainably growing our business and creating long-term value for our shareholders. We will continue to explore opportunities to provide liquidity for our broader shareholder base, as ensuring shareholders realize long-term value remains an important goal.”

Crowdcube reports a “tremendous increase” in the number of firms seeking secondary liquidity as this part of its business grows.

Have a crowdfunding proposal you’d like to share? Submit a proposal for consideration using our Submit a Tip We can fill out our form and share it on our website!





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *