14 January 2022

PrimaryBid raises £110mn, led by SoftBank

Written By FinTech Alliance

PrimaryBid raises £110mn, led by SoftBank

  UK FinTech PrimaryBid is closing its $150mn funding round, led by SoftBank’s Vision Fund II. 

In Brief:

PrimaryBid enables retail investors to be involved in company funding rounds and IPOs. 

It will be led by Japanese Giant SoftBank’s investment fund, Vision Fund II. 

It's expected that the company will be valued at £368mn.

What does this mean?

PrimaryBid says its overall goal remains to democratise private equity markets so that those who are normally excluded from funding rounds and IPOs can be involved – whereas currently institutional shareholders are sometimes offered the chance to invest at a discount. 

The aim now is to expand internationally, and it will also be able to use SoftBank’s range of technology solutions and expertise. 

Read more here. 

Up Next ...
07 December 2022

JP Morgan invests in Swiss FinTech

JP Morgan Private Bank has invested in two FinTechs in ...

07 December 2022

Credit Suisse extends $1bn credit facility to Curve

Curve, the card aggregation FinTech, has secured a $bn line ...

07 December 2022

Tide expands into India to serve SMEs

UK business banking FinTech Tide has launched in the Indian ...

06 December 2022

Intuit acquires financial health business SeedFi

Intuit, a financial software company that owns a number of ...

More in Private Equity

Posted By The Community

Digitising Private Markets - Delio's latest report

29 September 2020

We believe that technology will play a core role in the future of private markets. But how are finan...

Written By: Delio

Articles Private Equity

Private equity’s ESG journey: From compliance to value creation

27 May 2021

Global private equity responsible investment survey 2021.The stakes are high. Sustainable investing—...

There are no Events in this category