Moneybox becomes a $1.1B unicorn testing London's new Pisces market with a £45M staff sale — TFN

Moneybox’s $1.1 billion valuation comes from a £45 million employee secondary sale.

This sale is a test of LSEG’s new Pisces-based Private Securities Market, following Wayve’s $85 million tender offer earlier this month.

This deal puts Moneybox in the UK’s growing secondary-liquidity market, alongside Revolut’s $115 billion process.

Moneybox’s shareholders have watched this company’s valuation nearly triple in under four years without a single public trade. Starting today, some of them get to test what that’s actually worth, according to the Financial Times.

Moneybox, founded in 2016 by Ben Stanway and Charlie Mortimer, is now valued at $1.1B as it conducts a £45M secondary sale to long-serving employees. Based in Shoreditch, London, the company lets users invest spare change and save into Stocks & Shares ISAs, Lifetime ISAs, and pensions.