Moneybox

Moneybox’s £45m employee share sale marks another milestone for London’s Private Securities Market.

Cavendish acted as Trading Registered Auction Agent to Crowdcube on the transaction.

The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for shareholder liquidity in high-growth private companies.

Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a £45 million employee liquidity event, run through the London Stock Exchange’s Private Securities Market. 

Founded in 2016, Moneybox has grown into one of the UK’s leading digital wealth management platforms, helping more than 1.9 million customers save, invest, buy a home and prepare for retirement, with over £23 billion of assets under administration.

The transaction has been structured as an employee liquidity event, allowing long-serving employees with vested equity to realise some of the value they have helped create while enabling the company to remain private and continue its growth journey.

Crowdcube managed the employee seller and investor participation process, while Cavendish was delighted to act as Trading Registered Auction Agent to Crowdcube on the transaction.

Together with the recent Wayve transaction and the inaugural Oxford Science Enterprises auction, Moneybox represents a further important milestone in the evolution of the UK’s private secondary market infrastructure. The growing adoption of the PSM highlights increasing demand for structured liquidity solutions that provide an alternative to traditional exit routes such as a trade sale or IPO, whilst allowing companies to remain private for longer.