Ebury, the B2B cross-border payments group owned largely by Santander, plans a £2 billion IPO in London, with Goldman Sachs leading the effort, marking a rare significant listing in the UK’s capital markets. The decision signals confidence in the UK’s financial sector, which has been struggling with infrequent listings at the same time it’s seen high-profile departures. Ebury’s IPO will be a critical test for London, aiming to revive its appeal amid challenging market conditions and high interest rates that have deterred investors.
Fintech Ebury Taps Goldman for £2bn UK IPO
