Crowdcube’s new business of managing secondary transactions, specifically for employee tenders, will soon top £100 million in volume.
This is Crowdcube’s third secondary transaction, in collaboration with the London Stock Exchange’s Private Securities Market under PISCES.
Recently, Crowdcube managed Wayve secondary transactions, which totaled approximately $85 million.
Today, Crowdcube is handling Moneybox’s £45 million secondary sale. Moneybox is a UK-based wealthtech firm that raised growth capital on Crowdcube in 2020. Moneybox is currently valued at £800 million (∼USD $1.1 billion), a 45% increase since 2024, having reported £115 million in annual revenue in 2025. The secondary is exclusive to Crowdcube and permissioned, with investor access controlled by Moneybox.
Ben Stanway, co-Founder and Executive Chair at Moneybox, said the £800 million valuation is recognition of the progress they have made as one of the UK’s leading wealth management platforms.
“PISCES represents an important innovation for UK capital markets, and we are proud to be among the first companies helping demonstrate how it can support the next generation of ambitious private businesses.”
Launched in 2016, Moneybox reports exceeding £23 billion in assets under administration, serving over 1.9 million customers in the UK, and achieving profitability in 2023.
The secondary transaction was described as “the next milestone in Moneybox’s growth journey, giving long-serving Moneybox employees the opportunity to realize some of the value they have helped create as the business has grown.”
In a blog post, Karen Kerrigan, Chief Operating Officer at Moneybox, said they were pleased to be working with the platform once again, adding they are the first Fintech to use the PISCES framework while providing liquidity for employee shareholders.
“Looking ahead, we remain focused on delivering great outcomes for our customers, growing the business sustainably and creating long-term value for our shareholders. We will continue to explore opportunities to provide liquidity for our broader shareholder base, as enabling shareholders to realise long-term value remains an important objective.”
Crowdcube reports a “massive increase” in firms seeking secondary liquidity as this segment of its business grows.
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