UK fintech PensionBee is working with PrimaryBid to give its customers first dibs on its putative London listing.
The company, which has over £1.2bn in assets under administration from over 65,000 invested customers, is exploring a listing on the High Growth Segment of the London Stock Exchange’s Main Market - currently home to just one other company, Just Eat.
PensionBee is to use its Open API to connect interested customers’ accounts to PrimaryBid, the LSE-backed retail investor platform, should the company take the plunge.
Romi Savova, chief executive officer at PensionBee, comments: “Customers can too often be an afterthought during an IPO. Providing our customers with an opportunity to share in our growth journey has always been a key motivation in our reasons for floating. Working with PrimaryBid will make this possible, giving customers adequate notice and opportunity to register their interest.”