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Moneybox Chooses Pisces for £45mn Employee Share Sale

Financial Times Companies •
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Moneybox has selected the London Stock Exchange’s Pisces platform to let staff sell £45 million of shares, valuing the digital wealth manager at £800 million—up from £550 million in its 2024 fundraise. The fixed‑price sale on Pisces places Moneybox alongside fintech unicorns like Zilch, Sum Up and Clear Score, all reaching billion‑dollar valuations via the private‑markets system.

Chief operating officer Karen Kerrigan said the move rewards early employees as the company enters a phase of profitable scaling. Founded in 2015 by Ben Stanway and Charlie Mortimer, Moneybox now manages £19 billion in assets, reports £115.6 million revenue and £14.9 million pre‑tax profit, and serves 1.7 million customers with a staff of about 500.

Pisces, launched last year, allows private firms to offer staff and investors a fixed‑price exit on selected trading days, providing liquidity without a full IPO. It cannot be used to raise new capital. The platform aims to bolster UK capital markets as the LSE seeks more private listings amid lower valuations and a rise in take‑private deals. Moneybox follows Wayve, the first major user of Pisces, which sold $85 million of shares earlier this month.