5 years ago

PrimaryBid Secures €42.3 Million to Democratize Access to Public Markets

  • PrimaryBid, a London-based fintech company, has raised €42.3 million in Series B funding led by OMERS, London Stock Exchange Group, and Draper Esprit

  • The company connects retail investors with public companies, providing them with access to capital raisings on the same terms as institutional investors

  • PrimaryBid has been involved in over 90 issuances on London markets and has completed over 41 capital raisings for UK listed companies since April 2020

  • The funding will be used to expand internationally, particularly in North America.

      • ProblemFinancial Services

      "Retail investors in the UK have limited access to public markets, often facing unequal terms compared to institutional investors. This restricts their ability to participate in capital raising activities and limits the potential for companies to access a wider pool of capital."

      Solution

      "PrimaryBid provides a platform that connects retail investors with public companies, ensuring they transact at the same time and price as institutional investors. This democratizes access to public markets, allowing retail investors to participate in capital raising activities on equal footing and enabling companies to tap into a broader investor base."

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