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FreeAgent, the Edinburgh-based financial software firm, raises £10.7 million in IPO

Edinburgh-based FinTech company FreeAgent has floated on AIM, raising £10.7 million with a market capitalization of £34 million.

Shaheen Samavati 16 November 2016

Edinburgh-based FreeAgent, which offers web-based accounting software, has floated on AIM, raising £10.7 million with a market capitalization of £34 million.

The IPO comes after the company raised £1.2 million on Seedrs last year, making it the first equity crowdfunded company to have raised growth capital before going public.

FreeAgent, the Edinburgh-based financial software firm, raises £10.7 million in IPO

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