a year ago

Primary Portal Raises €8.9 Million to Digitize Equity Capital Markets

  • Primary Portal, a London-based company digitizing equity capital market processes, has secured €8.9 million in Series A funding led by Deutsche Börse Group's venture capital arm, DB1 Ventures

  • Existing investors Dutch Founders Fund and Flow Traders also participated in the round

  • Primary Portal connects banks and asset managers, enabling straight-through processing in capital markets transactions

  • With the new funding, the company plans to expand its offering and advance its analytical data solutions.

      • ProblemFinancial Services

      "Equity capital markets are still largely analogue, labour-intensive and error-prone, resulting in inefficient workflows and a slow and unreliable process for companies to raise capital."

      Solution

      "Primary Portal is a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, creating an interoperable infrastructure for efficient connectivity and straight-through processing in capital markets transactions."

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