"A stunning amount of retail investors have come into the market but there was nothing to connect the dots," PrimaryBid CEO and cofounder Sambasivan told Business Insider in an interview. "PrimaryBid is helping to connect those dots by making access to capital markets fairer for retail investors."A lack of access to public markets at the same price point as institutional investors was "unfair," according to Sambasivan.
"Covid has been an accelerant to the trend we already saw," she told Business Insider in an interview. "This is not a blip and retail investors are here to stay, PrimaryBid's technology solution is a simple and cost-effective way to improve access." PrimaryBid will use the funds to continue growing its product offering and will soon expand internationally to France and the Netherlands, before aiming for the US market. The company will soon launch an IPO product which will be available when "the window opens."
"Our idea is embraced by entire ecosystem and our solution will provide an upgrade to the capital markets system making it fairer and more inclusive," Sambasivan added. and was led by Canada's OMERS Ventures, in conjunction with the London Stock Exchange, Draper Esprit, Fidelity International Strategic Ventures and ABN AMRO Ventures and participation from existing investors Pentech and Outward Ventures.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Inside Quibi's $1.75 billion rise and six-month fall - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Forget about Quibi. My website doesn’t spy on you and everything is free to watch. www. Meg Whitman ruined HP, she ruined Aquino, and she didn’t do much at PayPal.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Billion Dollar Loser book: Inside WeWork CEO Adam Neumann's Summer Camp - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. WeWork Tommy Wiseau?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Inside Bombardier's new $9.9 million private jet: Learjet 75 Liberty - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. wow Yeeee beautifully No thx, I’ll always fly commercial biz class! These planes destroy our planet!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
Källa: Forbes - 🏆 394. / 53 Läs mer »
Inside Bombardier's new $9.9 million private jet: Learjet 75 Liberty - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. wow Yeeee beautifully No thx, I’ll always fly commercial biz class! These planes destroy our planet!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
AOC is reelection favorite, Republicans still gave rival $10 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. WATCH: AOC Says Latinos are Black via YouTube AOC is sus
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »