SoftBank’s investment will help the online retail investment service expand into the United States and ride a wave of consumer demand.

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $190m series C round for UK-based online investment platform PrimaryBid yesterday, as ordinary investors continue to seek convenient access to public markets.

The round was filled out by unnamed existing investors and came after the company raised $50m in a late 2020 series B round featuring bank ABN Amro’s venture capital unit, ABN Amro Ventures, as well as financial exchange operator London Stock Exchange Group and investment and financial…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.