Moneybox has been valued at $1.1bn as it prepares a £45m secondary share sale for long‑serving employees. The sale will be facilitated through the London Stock Exchange Group’s (LSEG) Private Securities Market, a new trading platform for private companies launched under the UK government’s Private Intermittent Securities and Capital Exchange System, or Pisces. Employees will sell their shares via Crowdcube from Tuesday, ahead of the auction on LSEG’s platform later this month.

"Pisces represents an important innovation for UK capital markets and we are proud to be among the first companies helping demonstrate how it can support the next generation of ambitious private business," says co‑founder Ben Stanway. Last year, LSEG courted several UK fintechs, including Revolut and Oak North, to auction their shares in an effort to keep British companies domestic amid underperforming IPOs and a trend of startups listing abroad.

Autonomous vehicle scale‑up Wayve auctioned its shares on PSM last week following a $85m tender offer for employee stock. The market launched in February, with the first transaction taking place the following month when VC Oxford Sciences Enterprises traded on the platform.