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SoFi Revolutionizes IPO Access with PrimaryBid Partnership

Writer: Elias Zeekeh, MBA, CPA, CMAElias Zeekeh, MBA, CPA, CMA

In a groundbreaking move, SoFi Technologies, Inc. has joined forces with British capital markets platform PrimaryBid Technologies to launch a cutting-edge Directed Share Platform (DSP) for U.S. Initial Public Offerings (IPOs) and capital raises. This collaboration, announced on October 2, 2024, marks a significant step towards democratizing access to IPO shares and streamlining the capital raising process for companies[1][2].

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