GoCardless, the digital funds platform, is to change into the third British fintech in as many months to orchestrate a share sale that can lead to a £100m-plus windfall for its workers.
Banking sources stated that the spherical might see as much as $200m of inventory altering fingers.
Lazard is known to be overseeing the mandate.
GoCardless, which was co-founded by Hiroki Takeuchi, its chief government, permits shoppers’ clients to pay on-line by utilizing checking account info as a substitute of a card.
It has a presence in dozens of nations and relationships with a lot of blue-chip company clients, together with Brompton, the producer of folding bicycles, and Ovo Power.
Present traders within the firm embrace Accel, Balderton and Notion Capital.
Each Monzo and Revolut, the digital banking and funds firms, have within the final eight weeks struck offers to promote components of their workers’ shareholdings to new or present traders.
The Revolut spherical was undertaken at a $45bn valuation, whereas Monzo’s valued it at £4.5bn.
A spokeswoman for GoCardless declined to remark.
