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Sofi Technologies (SOFI) agrees on a deal to take over most of PrimaryBid, via Sky News

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"PrimaryBid, the British fintech which sprang to prominence amid a wave of emergency capital-raisings during the Covid pandemic, is being taken over by SoFi Technologies, the $20bn Nasdaq-listed giant." Sources said that PrimaryBid had written to its investors on Monday to inform them of the development, which it said would enable it to return an undisclosed amount of capital to them.

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