Memery Crystal advises Investment Evolution Credit plc on its admission to the Access Segment of the Aquis Stock Exchange Growth Market (AQSE).

Investment Evolution Credit is a United Kingdom registered group of fintech companies that operates in the financial services sector and specialises in online consumer loans. The Company has been admitted to the Access Segment of the AQSE following successful completion of a subscription.

The expected net proceeds of the subscription will be used for the continued growth of their consumer loan portfolio in the United States, the execution of their business plan in the United Kingdom, as well as working capital to accelerate growth.

The Memery Crystal team was led by Corporate Partner Nick Heap who was assisted by Corporate Associates Ravina Mahajan and Darryl Chew.

Nick Heap commented: “We are delighted to have assisted Investment Evolution Credit as they embark on an exciting new chapter. The AQSE listing offers a great opportunity for the company to expand their consumer loan portfolio and accelerate growth in both the UK and US consumer lending markets. Many thanks to everyone involved and congratulations to the Investment Evolution Credit team on a successful admission.”

Paul Mathieson, Executive Chairman, Chief Executive Officer & founder of Investment Evolution Credit, commented: “Our AQSE Legal Advisers, Memery Crystal, exceeded all expectations to complete the Investment Evolution Credit plc (AQSE:IEC) IPO on Aquis Stock Exchange meeting extremely tight deadlines with excellent, professional work and assistance 24/7. The IEC Board of Directors would especially would like to thank Nick Heap for his excellent work on this transaction and look forward to working with him and his expert team again very soon on our next transaction.”