Paul Taylor, CEO of UK fintech Thought Machine, supports a London IPO for the $2.7 billion banking software company. However, strong investor pressure is pushing for a New York listing, reflecting the trend of British firms seeking the deeper capital and regulatory ease of U.S. markets.
- UK pension funds’ risk aversion hinders domestic investment.
- IPO is unlikely before 2027, as the firm prioritizes growth over timing.
- Thought Machine has grown its client base significantly, working with major global banks like Lloyds, Standard Chartered, and JPMorgan Chase.
