3 years ago

PrimaryBid Raises $190 Million in Series C Funding Led by SoftBank

  • PrimaryBid, a London-based fintech platform that allows retail investors to participate in corporate funding events, has secured $190 million in a Series C funding round led by SoftBank

  • The investment will be used for international expansion, product innovation, team growth, and developing partnerships with ABN AMRO and Euronext

  • PrimaryBid's platform has been used in the UK IPOs of Deliveroo, PensionBee, and the US IPO of MCG Group (Soho House), providing access for UK members

  • The funding round brings PrimaryBid's total funding to over $249 million since its founding in 2016.

      • ProblemFinancial Services

      "making it simple and easy for anyone to access stock issuances previously reserved for institutional or professional investors."

      Solution

      "PrimaryBid’s platform allows retail investors to join corporate funding events, such as IPOs, at the same time and prices as institutional investors."

      Covered on