Advice for fintechs working towards an IPO PensionBee ’ s Romi Savova has some firsthand advice for fintechs considering a public listing : “ The process requirements are fairly well known and the reasons for seeking the listing should be clearly articulated and well understood ,” Savova says . “ Every company will go through an assessment process to ensure that all the core areas that are essential to the listing process are prepared in advance . “ The process is inevitably intense because the Stock Exchange has high standards for businesses that are listed , and the highest degree of diligence needs to be taken in everything that you do . For any other business considering going down this route , it ’ s important to bear in mind that it ’ s a big time commitment , in addition to a future commitment to being very public and transparent about everything you are doing .”
Savova says that startups should plan early and understand their strategic reasons for going public , as well as making the decision about what jurisdiction to list in .
“ For us , the UK made perfect sense as it reflects both where we operate and where all of our customers are based , and it was
124 October 2022