Talk:Freetrade: Difference between revisions
(Created page with "<vimeo>647234393</vimeo>Freetrade is a commission-free investing app. Investing is one of the best ways to grow your money over the long-term, but high commissions and clunky products have made it complicated for people to start and grow their investments. Freetrade has a simple, freemium pricing model, and has built the tech behind its app from the ground up. The 18 months since the company's last crowdfunding has seen it become a mainstream provider of general invest...") |
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A FCA-regulated stockbroker, and member of the London Stock Exchange. | |||
1.1m users, over 600% since May 2020’s crowdfunding. | |||
£1bn in client assets. | |||
£50m oversubscribed Series B in 2020. | |||
Rolling out EU stocks in anticipation of launch across Europe. | |||
<vimeo>647234393</vimeo>Freetrade is a commission-free investing app. | <vimeo>647234393</vimeo>Freetrade is a commission-free investing app. | ||
Revision as of 21:36, 6 June 2023
A FCA-regulated stockbroker, and member of the London Stock Exchange. 1.1m users, over 600% since May 2020’s crowdfunding. £1bn in client assets. £50m oversubscribed Series B in 2020. Rolling out EU stocks in anticipation of launch across Europe.
Freetrade is a commission-free investing app.
Investing is one of the best ways to grow your money over the long-term, but high commissions and clunky products have made it complicated for people to start and grow their investments. Freetrade has a simple, freemium pricing model, and has built the tech behind its app from the ground up.
The 18 months since the company's last crowdfunding has seen it become a mainstream provider of general investment accounts, stocks and shares ISAs, and self-invested personal pensions, with over 1.1m users and £1bn in client assets.
Earlier this year, Freetrade raised £50m in an oversubscribed Series B with investors including Left Lane Capital, L Catterton, and Molten Ventures.
The company's proprietary brokerage system, the Freetrade Cloud Platform (FCP), has supported this surge in customers while keeping costs low. It’s the foundation that it's used to roll out new products and features like live pricing, instant bank transfers, and pensions. In the next few weeks, Freetrade will start rolling out access to European stocks. As a part of this, the company connected FCP to the European market infrastructure, which will enable it to launch in Sweden and the rest of the EU.