European Stock Exchange

    European Stock Exchange

    The Bridge Between Crowdfunding and Regulation

    The European Stock Exchange - It's Time to Think Different

    First UK crowdfunded fintech makes successful LSE IPO

    Edinburgh fintech firm FreeAgent made a successful debut on the London Stock Exchange.

    The accounting software provider raised £10.7 million in what was the first ever UK initial public offering on an equity crowdfunded company.

    The company, which provides cloud-based Software-as-a-Service accounting software and mobile applications that are designed for UK micro-businesses, achieved a market capitalisation of £34 million.

    FreeAgent is the latest company to join the now 300 plus strong list of technology companies that are quoted on the London Stock Exchange, highlighting the UK’s ability to create, fund and support high growth companies in the sector, the LSE said.

    FreeAgent joins companies such as Worldpay, which was £2.48bn in the largest fintech IPO of 2015 and second largest IPO on London in the last decade.

    According to LSE, technology companies that have floated in 2016 have shown strong performance post-IPO, up 64% on average.

    James Clark, Business Development – Tech and Life Sciences, London Stock Exchange said: “This IPO showcases that London’s markets are open, willing and able to fund high growth fintech businesses.

    Ed Molyneux, CEO, FreeAgent.

    “It also highlights that AIM is a market for the whole of the UK, supporting ambitious companies from every region of the country, including Scotland. The significant capital raised on AIM this year is a clear sign of the market’s enduring capacity to connect to dynamic companies to permanent institutional and retail capital.“

    FreeAgent is the first UK IPO of a company that had previously raised growth capital via equity crowdfunding. In July 2015 it raised more than £1.2m from over 700 investors on Seedrs, a UK crowdfunding platform.

    Ed Molyneux, CEO, FreeAgent said: “We are very pleased to have today been admitted to trading on AIM – this is a transformational event for FreeAgent. I am delighted by the interest shown in FreeAgent by investors, resulting in our successful placing, and equally delighted to welcome on board our new shareholders.

    “Our entry to the AIM market is a positive step that marks the next phase of FreeAgent’s development as we progress our growth strategy. We look forward to our future as a quoted company with confidence.”

    http://www.cbronline.com/news/verticals/fintech/first-uk-crowdfunded-fintech-lse-ipo/


    Featured Posts

    KPMG - The Pulse of Fintech Q4, 2106

    China: WeiyangX Fintech Review

    The Cambridge Centre for Alternative Finance, Monash Business School & Tsinghua University, Join

    From cancer treatment to restaurant openings - how crowdfunding turned us all into investors.

    Ram Ahluwalia of PeerIQ Shares the Future of Online Lending

    How Crowdfunding Took On Private Equity And Won

    Brexit slowdown? There's been a 'large-scale drop' in UK startup funding for the first t

    Innovate Finance Report on VC Investment into Fintech: Up Globally, Down in the UK

    Brexit bites UK fintech as funding falls by 34% in 2016

    Germany: Investment Crowdfunding Grew by 39% in 2016

    {"items":["5fda4b180abcba0017a07b13","5fda4b180abcba0017a07b1b","5fda4b180abcba0017a07b1a","5fda4b180abcba0017a07b19","5fda4b180abcba0017a07b1c","5fda4b180abcba0017a07b17","5fda4b180abcba0017a07b16","5fda4b180abcba0017a07b18","5fda4b180abcba0017a07b15","5fda4b180abcba0017a07b14"],"styles":{"galleryType":"Strips","groupSize":1,"showArrows":true,"cubeImages":true,"cubeType":"fill","cubeRatio":"100%/100%","isVertical":false,"gallerySize":30,"collageDensity":0.8,"groupTypes":"1","oneRow":true,"imageMargin":0,"galleryMargin":0,"scatter":0,"rotatingScatter":"","chooseBestGroup":true,"smartCrop":false,"hasThumbnails":false,"enableScroll":true,"isGrid":false,"isSlider":false,"isColumns":false,"isSlideshow":true,"cropOnlyFill":false,"fixedColumns":1,"enableInfiniteScroll":true,"isRTL":false,"minItemSize":120,"rotatingGroupTypes":"","rotatingCropRatios":"","columnWidths":"","gallerySliderImageRatio":1.7777777777777777,"numberOfImagesPerRow":3,"numberOfImagesPerCol":1,"groupsPerStrip":0,"borderRadius":0,"boxShadow":0,"gridStyle":0,"mobilePanorama":false,"placeGroupsLtr":false,"viewMode":"preview","thumbnailSpacings":4,"galleryThumbnailsAlignment":"bottom","isMasonry":false,"isAutoSlideshow":true,"slideshowLoop":false,"autoSlideshowInterval":3,"bottomInfoHeight":0,"titlePlacement":"SHOW_ON_HOVER","galleryTextAlign":"center","scrollSnap":true,"itemClick":"nothing","fullscreen":true,"videoPlay":"hover","scrollAnimation":"NO_EFFECT","slideAnimation":"SCROLL","scrollDirection":1,"scrollDuration":400,"overlayAnimation":"FADE_IN","arrowsPosition":0,"arrowsSize":18,"watermarkOpacity":40,"watermarkSize":40,"useWatermark":true,"watermarkDock":{"top":"auto","left":"auto","right":0,"bottom":0,"transform":"translate3d(0,0,0)"},"loadMoreAmount":"all","defaultShowInfoExpand":1,"allowLinkExpand":true,"expandInfoPosition":0,"allowFullscreenExpand":true,"fullscreenLoop":false,"galleryAlignExpand":"left","addToCartBorderWidth":1,"addToCartButtonText":"","slideshowInfoSize":160,"playButtonForAutoSlideShow":false,"allowSlideshowCounter":false,"hoveringBehaviour":"NEVER_SHOW","thumbnailSize":120,"magicLayoutSeed":1,"imageHoverAnimation":"NO_EFFECT","imagePlacementAnimation":"NO_EFFECT","calculateTextBoxWidthMode":"PERCENT","textBoxHeight":0,"textBoxWidth":200,"textBoxWidthPercent":50,"textImageSpace":10,"textBoxBorderRadius":0,"textBoxBorderWidth":0,"loadMoreButtonText":"","loadMoreButtonBorderWidth":1,"loadMoreButtonBorderRadius":0,"imageInfoType":"ATTACHED_BACKGROUND","itemBorderWidth":0,"itemBorderRadius":0,"itemEnableShadow":false,"itemShadowBlur":20,"itemShadowDirection":135,"itemShadowSize":10,"imageLoadingMode":"BLUR","expandAnimation":"NO_EFFECT","imageQuality":90,"usmToggle":false,"usm_a":0,"usm_r":0,"usm_t":0,"videoSound":false,"videoSpeed":"1","videoLoop":true,"jsonStyleParams":"","gallerySizeType":"px","gallerySizePx":226,"allowTitle":true,"allowContextMenu":true,"textsHorizontalPadding":-30,"showVideoPlayButton":true,"galleryLayout":5,"targetItemSize":226,"selectedLayout":"5|bottom|1|fill|false|1|true","layoutsVersion":2,"selectedLayoutV2":5,"isSlideshowFont":true,"externalInfoHeight":0,"externalInfoWidth":0},"container":{"width":226,"height":288,"galleryWidth":226,"galleryHeight":127,"scrollBase":0}}
    Recent Posts

    KPMG - The Pulse of Fintech Q4, 2106

    China: WeiyangX Fintech Review

    The Cambridge Centre for Alternative Finance, Monash Business School & Tsinghua University, Join

    From cancer treatment to restaurant openings - how crowdfunding turned us all into investors.

    Ram Ahluwalia of PeerIQ Shares the Future of Online Lending

    How Crowdfunding Took On Private Equity And Won

    Brexit slowdown? There's been a 'large-scale drop' in UK startup funding for the first t

    Innovate Finance Report on VC Investment into Fintech: Up Globally, Down in the UK

    Brexit bites UK fintech as funding falls by 34% in 2016

    Germany: Investment Crowdfunding Grew by 39% in 2016

    {"items":["5fda4b180abcba0017a07b13","5fda4b180abcba0017a07b1b","5fda4b180abcba0017a07b1a","5fda4b180abcba0017a07b19","5fda4b180abcba0017a07b1c","5fda4b180abcba0017a07b17","5fda4b180abcba0017a07b16","5fda4b180abcba0017a07b18","5fda4b180abcba0017a07b15","5fda4b180abcba0017a07b14"],"styles":{"galleryType":"Columns","groupSize":1,"showArrows":true,"cubeImages":true,"cubeType":"max","cubeRatio":1.7777777777777777,"isVertical":true,"gallerySize":30,"collageAmount":0,"collageDensity":0,"groupTypes":"1","oneRow":false,"imageMargin":22,"galleryMargin":0,"scatter":0,"rotatingScatter":"","chooseBestGroup":true,"smartCrop":false,"hasThumbnails":false,"enableScroll":true,"isGrid":true,"isSlider":false,"isColumns":false,"isSlideshow":false,"cropOnlyFill":false,"fixedColumns":0,"enableInfiniteScroll":true,"isRTL":false,"minItemSize":50,"rotatingGroupTypes":"","rotatingCropRatios":"","columnWidths":"","gallerySliderImageRatio":1.7777777777777777,"numberOfImagesPerRow":3,"numberOfImagesPerCol":1,"groupsPerStrip":0,"borderRadius":0,"boxShadow":0,"gridStyle":0,"mobilePanorama":false,"placeGroupsLtr":false,"viewMode":"preview","thumbnailSpacings":4,"galleryThumbnailsAlignment":"bottom","isMasonry":false,"isAutoSlideshow":false,"slideshowLoop":false,"autoSlideshowInterval":4,"bottomInfoHeight":0,"titlePlacement":["SHOW_ON_THE_RIGHT","SHOW_BELOW"],"galleryTextAlign":"center","scrollSnap":false,"itemClick":"nothing","fullscreen":true,"videoPlay":"hover","scrollAnimation":"NO_EFFECT","slideAnimation":"SCROLL","scrollDirection":0,"scrollDuration":400,"overlayAnimation":"FADE_IN","arrowsPosition":0,"arrowsSize":23,"watermarkOpacity":40,"watermarkSize":40,"useWatermark":true,"watermarkDock":{"top":"auto","left":"auto","right":0,"bottom":0,"transform":"translate3d(0,0,0)"},"loadMoreAmount":"all","defaultShowInfoExpand":1,"allowLinkExpand":true,"expandInfoPosition":0,"allowFullscreenExpand":true,"fullscreenLoop":false,"galleryAlignExpand":"left","addToCartBorderWidth":1,"addToCartButtonText":"","slideshowInfoSize":200,"playButtonForAutoSlideShow":false,"allowSlideshowCounter":false,"hoveringBehaviour":"NEVER_SHOW","thumbnailSize":120,"magicLayoutSeed":1,"imageHoverAnimation":"NO_EFFECT","imagePlacementAnimation":"NO_EFFECT","calculateTextBoxWidthMode":"PERCENT","textBoxHeight":60,"textBoxWidth":200,"textBoxWidthPercent":75,"textImageSpace":10,"textBoxBorderRadius":0,"textBoxBorderWidth":0,"loadMoreButtonText":"","loadMoreButtonBorderWidth":1,"loadMoreButtonBorderRadius":0,"imageInfoType":"ATTACHED_BACKGROUND","itemBorderWidth":0,"itemBorderRadius":0,"itemEnableShadow":false,"itemShadowBlur":20,"itemShadowDirection":135,"itemShadowSize":10,"imageLoadingMode":"BLUR","expandAnimation":"NO_EFFECT","imageQuality":90,"usmToggle":false,"usm_a":0,"usm_r":0,"usm_t":0,"videoSound":false,"videoSpeed":"1","videoLoop":true,"jsonStyleParams":"","gallerySizeType":"px","gallerySizePx":1000,"allowTitle":true,"allowContextMenu":true,"textsHorizontalPadding":-30,"itemBorderColor":{"themeName":"color_12","value":"rgba(78,78,78,0)"},"showVideoPlayButton":true,"galleryLayout":2,"calculateTextBoxHeightMode":"MANUAL","targetItemSize":1000,"selectedLayout":"2|bottom|1|max|true|0|true","layoutsVersion":2,"selectedLayoutV2":2,"isSlideshowFont":true,"externalInfoHeight":60,"externalInfoWidth":0.75},"container":{"width":220,"galleryWidth":242,"galleryHeight":0,"scrollBase":0,"height":null}}
    • February 2017 (11)
    • January 2017 (2)
    • November 2016 (10)
    • October 2016 (4)
    • August 2016 (1)
    • July 2016 (5)
    • June 2016 (8)
    • May 2016 (10)
    • April 2016 (19)
    • March 2016 (19)
    • February 2016 (11)
    • January 2016 (12)
    • December 2015 (1)
    • November 2015 (9)
    • October 2015 (10)
    • September 2015 (12)
    • August 2015 (19)
    • July 2015 (6)
    • June 2015 (3)
    • May 2015 (2)
    • March 2015 (2)
    • February 2015 (1)
    • January 2015 (1)
    • August 2014 (13)
    • June 2014 (1)
    • April 2014 (1)
    • March 2014 (1)
    • May 2013 (2)
    Archive
    Follow Us
    • Facebook Basic Square
    • Twitter Basic Square
    • Google+ Basic Square

    • Home

    • Listings

    • How it Works

    • News

    • Guide to ESE

    • Apply for Listing

    • Investor Registration

    • Contact

    • T&C

    • Privacy Policy

    • Regulation

    • Company Login

    • Investor Login

    • Help

    • More

      Investor Login
      Company Login

       

      © 2015 European Stock Exchange Group

       

      ESE is not regulated by any investment authority and does not broker and or arrange any transactions that require regulation. We do not trade stock or offer any advice whatsoever. Whilst we take reasonable care to ensure that information on the site is clear, fair and not misleading we do not provide any guarantee, warranty or representation as to its accuracy or completeness. The content of this website does not constitute or form part of any offer by ESE to enter into any contract or agreement nor is it a solicitation to buy or sell any investment.  This website should not be regarded as an offer or solicitation to conduct investment business, as defined by the UK Financial Services and Markets Act 2000 in any jurisdiction other than the United Kingdom. Investors who are resident in or citizens of countries other than the United Kingdom may be subject to local restrictions. This will also apply to all other jurisdictions where similar restrictions exist.  Please note that the value of investments and the income from them may fluctuate and you may not receive back the amount originally invested. Past performance is no guarantee of future performance. Currency movements may also affect the value of investments. The investments and investment services referred to on this website may not be suitable for all investors. If you are unsure as to whether the investments described in this site are suitable for you we recommend you seek professional advice from a financial adviser. ESE may not provide financial, investment or other professional advice to retail clients. Nothing on this site should be interpreted as constituting financial advice. ESE is a platform and does not arrange or raise capital for any companies listed on the platform.

      YOU SHOULD OBTAIN RELEVANT PROFESSIONAL ADVICE SPECIFIC TO YOUR CIRCUMSTANCES BEFORE MAKING ANY INVESTMENT DECISION.

      List with Us

       

      Register as an Investor

       

      Collaborate with Us

       

      Our Charter

       

      Jobs

       

      Reports

      Tools

       

      Partners

       

      The Power of PR and News

       

      Information Packs and Fee Paying

       

      Report a fault with one of our pages

       

      Features 

       

      Social 

      News

       

      The Power of Research

       

      History of Stock Exchanges

       

      Investor Certificates

       

      Investor Seats on ESE

       

      The ESE Fund

       

      Reverse Private Equity

       

      ISA Allowances 2014/2015

       

      Investor Portfolio

       

      Ticker Tape Rules 

       

      Verified by ESE

       

      V

       

      Contact

       

      Privacy Policy

       

      General Terms and Conditions

       

      Terms for Listing Companies

       

      Regulation                           *