Crowdcube to work with the London Stock Exchange on the Private Securities Market

On 2 October 2025, the London Stock Exchange (LSE) announced that it has partnered with the crowd-funding platform Crowdcube, through whose status as a Registered Auction Agent, Crowdcube investors can invest in companies whose shares are auctioned on the Private Securities Market (PSM), the LSE’s PISCES trading venue.

For Crowdcube’s members this partnership will open up new opportunities to invest in the later-stage, high-growth companies which the LSE is hoping to attract to the PSM.

This news will also be welcome to companies looking to trade on the PSM, with Crowdcube’s members providing an additional source of liquidity on the platform.

In an environment where companies may be looking to stay private for longer, this relationship could support the key aims of PISCES to:

• help companies scale and grow by providing them with additional liquidity in a cost-effective manner;
• give existing shareholders the opportunity to realise gains; and
• provide external investors with broader access to private companies.

If you are interested in finding out more about PISCES, please visit our dedicated PISCES hub or contact one of our core PISCES team members:  AJ Venter, Guy Francis or Charlotte Hamilton.

This partnership is a unique opportunity to enable private companies and investors to utilise the same infrastructure and technology that underpins the London Stock Exchange’s public markets, while leveraging Crowdcube’s experience as a leading private markets investment platform in the UK. We are delighted to be working together with Crowdcube as we advance our shared vision for a connected and inclusive funding continuum." Julia Hoggett, CEO, London Stock Exchange plc.