PrimaryBid announced that it has closed a £7 million ($8.5 million) funding round, led by Pentech and Outward VC, in order to fuel expansion of its sales and marketing department and IT product development.
The FCA-regulated online platform connects publicly listed companies with investors for discounted share issuances. With the democratization in financial services being a priority, Pentech has invested in startups that build category leading software and have the potential of going global; notable investments include fintech company Nutmeg.
Outward VC invests in early stage fintech companies that also focus on large global market opportunities. Backed by Investec ...
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