FinTech Shawbrook has confirmed that it will proceed with an IPO on the London Stock Exchange, following last week鈥檚 announcement of its expected intention to float.
The digital banking platform intends to apply for admission of its ordinary shares to the equity shares category of the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange.聽
Admission is expected to take place in early November 2025.
The offer will comprise new shares to be issued by the company, raising 拢50 million in net proceeds, alongside the sale of existing shares by Shawbrook鈥檚 sole shareholder, Marlin Bidco Limited.
The IPO could reportedly value the Brentwood-based specialist lender at around 拢2 billion, making it one of the largest London listings in recent years.聽
It comes at a time when activity on the London Stock Exchange has been subdued, with just 拢184m raised in the first nine months of 2025.
Ardea Partners International LLP has been appointed as financial adviser, Goldman Sachs International and Barclays Bank PLC will act as joint global coordinators and joint bookrunners, while Deutsche Bank AG, Stifel Nicolaus Europe Limited and UBS AG, London Branch will serve as joint bookrunners.
Alongside confirmation of the IPO, Shawbrook reported continued strong trading performance in the third quarter.聽
The firm鈥檚 loan book rose to 拢18.3bn as of 30th September 2025, up from 拢17bn three months earlier, supported by approximately 拢1.5bn in organic originations and by the acquisition of the ThinCats group, which contributed a further 拢600m.聽
The company鈥檚 savings division also continued to perform, with customer deposits increasing to 拢17.6bn from 拢16.7bn at the end of June.
The group will report its full trading update for the first nine months of 2025 on 13th November.
The listing is expected to strengthen Shawbrook鈥檚 financial position, broaden its access to funding and boost its brand visibility as it targets loan book growth to 拢30bn by 2030.