Despite this potential delay, iFOREX shared that substantial interest has been expressed for its Initial Public Offering (IPO), originally scheduled for late June 2025. The deal was oversubscribed at the top of the indicative valuation range, indicating strong investor appetite. Although specific details about the sought-for valuation remain undisclosed.
The Anticipated London Listing and Its Implications
With this listing, iFOREX aims to position itself as a key player in the London market alongside other renowned firms such as IG Group, Plus500, and CMC Markets. The company intends to provide further updates as the inspection concludes, indicating that it is preparing for a revised IPO timeline.
The IPO is expected to target institutional investors but will also have a portion available to retail investors in the UK through intermediaries. As of this update, no specific valuation has been disclosed by iFOREX.
Interest in London’s Capital for Expansion
In recent developments, iFOREX revealed its interest in a potential listing on the London Stock Exchange to support broader expansion plans and gain greater market presence. The company highlighted that it views the UK as an established venue for financial technology firms due to its regulatory infrastructure and investor base.
If the IPO proceeds as planned, funds raised will be used to bolster brand awareness, integrate artificial intelligence solutions into iFOREX’s platform, and secure additional licenses for compliance across various jurisdictions. The company also noted that such a move would align with its long-term strategic goals of international growth.
Reinvigorating the UK IPO Market in 2025
Recent data suggests that the UK’s IPO market is anticipated to regain momentum in 2025. Following a challenging period in 2024, with only five firms debuting on the London Stock Exchange, this year sees an expansion of potential issuing companies. While previously focused on founder-led mid-cap issuances, the market now expects to see increased participation from private equity and corporate-backed entities.
