Euronext, a European Stock exchange, is set to open offices in Zurich, Frankfurt, Munich, Milan and Madrid with the aim to support technology companies develop their business on a greater scale through capital markets. The company sees considerable growth opportunities in this sector.
According to CEO Stéphane Boujnah, Euronext is interested in helping startups as they barely generate any revenues and when it comes to financing startups often cannot choose between borrowed capital and equity. He added that Euronext is interested in helping startups get their business off the ground and find solutions to financing and liquidity problems. Headquartered in Paris and having more than 300 listed technology companies, Euronext is the largest listing venue in the world for medical technology and second largest for biotech.
A pan- European exchange group, Euronext offers a diverse range of products and services that combines the efficient and transparent, regulated and efficient equity, fixed income securities and derivatives markets in Paris, Lisbon, Amsterdam and Brussels. Other than that Euronext also operates Euronext London and is recognized as an investment exchange in UK.