At PrimaryBid, we are excited to be part of the technology-driven shifts that are evolving our capital markets. Through our partnership with global stock exchanges, we have created the centralised infrastructure necessary to seamlessly connect listed companies with everyday investors to enhance the capital formation process. Our platform recognises that everyday investors represent an important but often overlooked constituent in our capital markets. By helping corporate issuers engage, empower and enfranchise them we are evolving financial markets in ways that benefit everyone.
Here is a summary of our progress so far
What can PrimaryBid do for you?
Retail shareholders represent an untapped pool of incremental capital that can add competitive tension to an institutionally-led order book.
Better Corporate Governance
Companies have a duty to their entire shareholder base and retail investors deserve equal access to capital raisings as a matter of fairness.
Retail shareholders broaden the depth and breadth of a company’s shareholder register; diversification away from institutions can enhance secondary market liquidity.
Fundraisings are not only about capital – they are an opportunity for a company to engage with key stakeholders at critical junctures of their corporate journeys.
PrimaryBid works alongside investment banks to ensure retail investors participate seamlessly in the capital formation process
Anand SambasivanCofounder & CEOAnand led the team that conceived and brought PrimaryBid to market. As CEO, he is responsible for driving strategy, cultivating key strategic relationships, and overseeing general operations and execution.
Kieran D'SilvaCofounder & CFOKieran was part of the team that conceived PrimaryBid and brought it to market. As CFO, he is responsible for oversight of the finance and compliance functions, and is involved in strategic development of the business.
James DealCofounder & COOJames leads the capital markets team. His experience and leadership will be focused on developing and driving the deal pipeline and broader strategic relationships. He joined PrimaryBid from JP Morgan and has over 20 years experience in UK Equity markets.
Eric LowHead of Business DevelopmentEric is responsible for building and managing strategic relationships with ecosystem stakeholders. Prior to joining the firm Eric held roles at Goldman Sachs, Moelis & Company and J.P. Morgan in a variety of capacities spanning investment management and investment banking.
Jonathan Moreira ZuvicCTO & CPOJonathan joined PrimaryBid in November, 2017. He is directly responsible for technology and product development.
Alida DubnerHead of MarketingAlida is responsible to develop and implement marketing and communication strategies that convey the company’s brand. She specialises in digital marketing, using data and technology to lead campaigns that will help PrimaryBid grow.
Terry AndersonHead of SettlementTerry is primarily responsible for Operations at PrimaryBid, He ensures that fundraises run smoothly for both issuers and retail clients. Terry has been in banking operations for over 15 years and has worked at various institutions in the city.
Commenting on the funding round, Anand Sambasivan, co-founder and CEO of PrimaryBid, said: "A key objective for PrimaryBid is to allow pan-European retail investors seamless access to pan-European public equity offerings. Whether a publicly listed company is issuing new equity or the government is selling down its holdings, we believe retail investors deserve the same access as institutional investors. This vision is very much in line with the European Capital Markets Union legislation, which aims to further integrate capital markets across EU states."
Over the past three years PrimaryBid has rapidly grown into a dynamic, award winning investment platform that is democratising the public equity issuance market by allowing retail investors the ability to participate in equity offerings at the same time and price as institutional investors. To date, more than £56m has been sourced via the company’s platform.
Previously, retail investors were shut out from buying shares in listed companies – and listed companies that wanted to engage with their retail shareholders had no efficient method to connect with them directly.
"This latest founding round brings us closer to achieving our ambition to extend our service beyond the UK and make it easier for retail investors to participate in new share issues in different markets,” said Sambasivan. “We are fixing a huge, longstanding inefficiency in the stock market and look forward to generating more client opportunities through our expansion plans."
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PrimaryBid changes this by allowing Private Investors to participate in new share placings by listed companies.
All investors who register on the platform will be notified of new Offers as soon as they are available.