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Update: Market Chatter: SoFi Technologies Taking Over PrimaryBid

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(Updates with SoFi's response to a request for comment.)

SoFi Technologies (SOFI) is taking over British fintech PrimaryBid, Sky News reported Monday, citing a letter PrimaryBid sent its shareholders that it viewed.

"SoFi has acquired the assets of PrimaryBid's directed share program," a SoFi spokesperson told.

PrimaryBid didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $15.99, Change: $+0.24, Percent Change: +1.52%

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