SoFi Technologies agreed to acquire the majority of assets from British fintech firm PrimaryBid. Sky News and Reuters reported the transaction on May 11, 2026.
PrimaryBid operates a platform that enables retail investors to participate in corporate fundraisings. This acquisition marks a strategic move for the US-based SoFi to expand its services into the United Kingdom.
Specific financial details of the transaction were not disclosed. The deal follows SoFi’s broader strategy to diversify its portfolio of financial products.