SoFi Technologies acquires most assets of PrimaryBid, ending UK fintech’s independence
SoFi Technologies is buying the majority of assets from British fintech PrimaryBid, a move that effectively ends PrimaryBid’s run as an independent company. The acquisition, announced on May 11, centers on PrimaryBid’s directed share program, the core technology platform that once made the UK startup a darling of pandemic-era capital markets. Financial terms were not…
