Trading

Pisces: How the London Stock Exchange plans to lure firms to a private market

Two fintechs worth a combined $3.5bn are among those interested in the government’s plans to enable the trading of private companies’ shares on exchanges

The London Stock Exchange is courting private firms as it prepares to launch a new venue for unlisted shares
The London Stock Exchange is courting private firms as it prepares to launch a new venue for unlisted shares Photo: Vera Shestak/Getty Images/FN Staff

ClearScore is just the kind of home-grown company the government wants listed on the London Stock Exchange. 

Chief executive Justin Basini set up the credit-checking firm in 2015 and has overseen its growth into a profitable, diversified fintech group that was valued at $700m in its latest funding round four years ago.

WSJ Logo