Primary Portal funding news – London-based Primary Portal Secures €8.9 Million in Series A Round Funding

Drawing on over 20 years of experience in equity capital markets, founders John Bentinck and Ilan Leshem are transforming archaic and inefficient workflows in equity capital markets, which are still largely analogue, labour-intensive and error-prone.

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With over 90 banks and 400 institutional investors using the platform, Primary Portal is rapidly digitising the equity issuance space by creating the infrastructure that makes capital markets systems interoperable.

Bentinck said, “We are delighted to welcome Deutsche Börse as a shareholder and are very excited to work together with them in further enhancing connectivity and digitisation for capital markets” “Their investment is a strong endorsement of our collaborative approach to bringing digital solutions to market participants”.

With the new investment, the company will expand its offering, particularly by connecting asset managers' order management systems with banks, enabling straight-through processing in capital markets transactions for the first time.

Stefan Maassen, Head of Capital Markets & Corporates at Deutsche Börse said, “At Deutsche Börse, we believe in innovative solutions to shape capital markets and are committed to strengthening the ecosystem. By digitising communication and workflows, Primary Portal paves the way for efficient connectivity between asset managers and banks in equity issuances, improving the process for companies to raise capital. Our partnership and commitment underscore our confidence in Primary Portal, its hard-working team and the European equity market".

About Primary Portal

Primary Portal is a fintech company focused on developing and operating digital infrastructure solutions for equity capital markets and on automating manual and time-consuming processes in the issuance process.