interactive investor eyes London listing - reports

Formal decision yet to be taken

clock • 1 min read
interactive investor's IPO is set to be worth up to £2bn

interactive investor's IPO is set to be worth up to £2bn

Online retail investment platform interactive investor is set for a London flotation at a valuation of up to £2bn, according to reports.

Sky News reported on Thursday (19 August) that the UK-based fund supermarket has been in meetings with investment banks ahead of an initial public offering (IPO).  With more than 400,000 customers and £55bn in AuA, ii is second only to Hargreaves Lansdown by size in the UK market.  interactive investor review of Syncona sparks debate about its original placement ii has made a number of acquisitions over the past few years. In 2019, it completed the £40m purchase of Alliance Trust Saving's adviser and D2C platform business. It brought together the two largest fixed-price retail inve...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week