Broken Markets Hold Back Europe as Trump Amps Up the Pressure

The natural location for UK payments firm Zilch Technology Ltd.’s public listing should be its hometown of London. Instead, there’s a real chance the company, last valued at $2 billion, picks the US.

That would put it in the growing list of European companies chasing higher valuations in New York, attracted by its deep financial pools. With start-ups often struggling to access proper funding to grow, there’s widespread unhappiness with Europe’s markets, which have failed to keep up with the needs of businesses and help them go toe-to-toe with rivals.