Over the past four years, businesses such as Monzo, Starling Bank and Revolut have upended the traditional idea of a bank.
Bitcoin recently hit a year-long high, and is currently showing stability above the $9000 mark, while sister currency Litecoin has also been soaring.
The initial placing, offer for subscription and intermediaries offer may be enlarged to 44.6 million shares or £50 million if there is sufficient investor demand, the company said.
Managed service approaches are an ideal fit for instant payments,” noted David Bannister, Senior Analyst, Aite Group.
The present movement towards a modular, best of breed approach to systems has led to the creation of a new generation of cost effective, cloud based corporate actions processing platforms.
The aim of the platform is to allow Foster Denovo Partners and clients to access a variety of tailored investment products, as well as providing an online hub through which portfolios can easily be viewed, monitored and reported upon.