4 years ago

PrimaryBid Secures $150 Million from SoftBank for Global Expansion

  • PrimaryBid, a London-based fintech company, is set to secure a $150 million funding round led by SoftBank's Vision Fund II

  • The Series C funding is expected to value the company at over $500 million

  • PrimaryBid allows companies to involve the general public in stock market flotations, expanding access beyond big institutions

  • The investment will enable PrimaryBid to continue its global expansion.

      • ProblemFinancial Services

      "Retail investors are often excluded from participating in initial public offerings (IPOs) and other share offerings, making it difficult for them to invest in promising companies."

      Solution

      "PrimaryBid provides a platform that allows retail investors to participate in IPOs and share offerings at the same time and at the same price as institutional investors, giving them fair access to public companies raising capital."

      Covered on