Ebury’s £2 billion London flotation could be knocked off course by volatile markets, its chairman Bruce Carnegie-Brown has warned, according to The Times.
The Santander-backed fintech, which handles international payments for small businesses, is in talks with investors about a potential listing in the coming months.
But sharp swings in global stock markets, fuelled by trade tensions and investor nerves, are clouding the timing.
Carnegie-Brown, who joined Ebury last year to help steer its listing plans, said the firm is in a strong position but added that market conditions remain unpredictable.
A final decision is expected within weeks.
A successful IPO would be a rare bright spot for the struggling London market, which has seen few tech listings since 2021.