Financial Services
Veremark becomes the third tech company to list shares on the LSE's Pisces market
Source: CityAM, 22 Sep 2026
Background-check technology company Veremark has become the third tech business to sell shares on the London Stock Exchange's Pisces private market, launching a £6m sale that lets employees cash in vested equity alongside early investors. Marcus Stuttard, head of UK primary markets and AIM at the LSE, called it another "important milestone" in the exchange's effort to keep growth companies from seeking capital overseas. The sale opens today and runs to an auction on 7 October.
Veremark's chief executive, Daniel Callaghan, gave a telling reason for the choice: Pisces "carries the credibility and connections that we were looking for from a commercial perspective." That is a marketing decision wearing a financing wrapper. For a private company with no public track record, the venue itself becomes a trust signal — a shortcut the reader takes before they have read a word of the actual business case.
Any B2B financial services or fintech firm weighing where to list, which partners to bank with, or where to host its data should ask the question Veremark did: what does this venue lend us, beyond capital or infrastructure? Treat that borrowed credibility as part of the deal, and say so explicitly in your own investor and client communications — it is a proof point, not a footnote.