Breaking News
Freetrade raises crowdfunding at £650m valuation
Freetrade, the investment platform that is on a mission to get everyone investing, officially launches its seventh public crowdfunding round today, the first time it has opened crowdfunding to European residents. The raise comes as Freetrade is preparing for its European launch.
This fundraising caps off a period of exceptional growth. Since Freetrade’s last crowdfunding round in May 2020, total registered users on the platform have increased from approximately 150,000 to over 1 million, representing a nearly 600% increase in 18 months. Client assets now exceed £1bn, helped by the launch of new subscription accounts, including ISAs, Freetrade’s Plus membership and the Freetrade Pension. Freetrade first raised crowdfunding in 2016 and, since then, has raised a total of six rounds, alongside a Series A and B led by top-tier growth investors, Left Lane Capital and Molten Ventures (formerly Draper Esprit). The money raised will be used to support Freetrade’s international expansion and development of its proprietary technology.
Adam Dodds, Founder and CEO of Freetrade, said “This crowdfunding round represents a significant milestone for Freetrade. We’ve built a passionate community of shareholders through six previous rounds, and we’re proud to be able to open up a new round today. As we move into Europe and beyond, we’re committed to keeping our community involved every step of the way.”
People In This Post
Companies In This Post
- Cytora Launches Autopilot to Deliver Insurance Workflows That Run Themselves Read more
- EXCLUSIVE: “Smart Moves” – Renat Tukanov, Freedom Holding Corp in ‘The Paytech Magazine’ Read more
- Fintech Permutable AI Launches Asset Sentiment Indices as Global Market Volatility Accelerates Read more
- ONE.io Enhances Global Infrastructure with High-Capacity USD Payment Rail to Support Digital Asset and iGaming Growth Read more
- 35,000+ Businesses Have Selected GoCardless for Open Banking Payments Read more
TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails
TransFi Inc., a global payments infrastructure company on stablecoin rails,, focused on emerging markets, today announced the closing of a $19.2 million financing round, comprising $14.2 million in Series A equity and a $5 million committed liquidity facility.
Singapore’s MetaComp Raises Pre-A+ Round Backed By Alibaba, Closing Total US$35 Million Pre-A Funding in 3 months to Accelerate Asia’s Regulated Web2.5 Pay and Wealth[1] Group-Level Platform
MetaComp announced the completion of its Pre-A+ funding round, bringing the cumulative total to US$35 million across two rounds in three months
Uzum Secures Over $130 Million in Strategic Investment Led by the Sovereign Entities of the Sultanate of Oman
Uzum, Uzbekistan’s leading digital ecosystem, is pleased to announce the closing of a strategic investment exceeding $130 million
Orca Fraud Raises $2.35m to Scale Real-Time Fraud Intelligence Across Emerging Markets
Orca Fraud has raised $2.35 million in an oversubscribed seed round to advance its transaction monitoring and fraud intelligence capabilities across Africa
Payment Fintech Njiapay Closes $2.1 Million Seed Investment
Payment performance partner NjiaPay has closed a $2.1 million seed funding round
DataWollet Closes £1.3m Pre-Seed Investment, With Female Angel Investors Leading the Way
DataWollet has successfully closed an oversubscribed pre-seed round, raising £1.3million.
Ualá Raises $195M in Funding Round Led by Allianz X to Scale its Financial Ecosystem Across Latin America
Ualá, the Latin American neobank, has raised $195 million in equity financing led by Allianz X
Cytora Launches Autopilot to Deliver Insurance Workflows That Run Themselves
Cytora has announced the launch of Cytora Autopilot, a major new agentic AI capability for its digital risk processing platform
EXCLUSIVE: “Smart Moves” – Renat Tukanov, Freedom Holding Corp in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Fintech Permutable AI Launches Asset Sentiment Indices as Global Market Volatility Accelerates
Fintech Permutable AI today announces the launch of its Institutional Asset Sentiment Indices, a dataset designed to transform millions of global narratives into structured market intelligence for institutional investors.
ONE.io Enhances Global Infrastructure with High-Capacity USD Payment Rail to Support Digital Asset and iGaming Growth
ONE.io, the global financial services platform, today announced the expansion of its multi-currency infrastructure with the launch of a dedicated USD payment rail. This upgrade helps to streamline international SWIFT transfers and domestic payments via ACH/Wire, providing a high-capacity settlement layer for the world’s most liquid currency.
35,000+ Businesses Have Selected GoCardless for Open Banking Payments
GoCardless has today announced that more than one in three customers have taken open banking payments through its platform, driving growth of ‘Pay by Bank’
Post Trade Solutions Launches TradeAgent
LSEG announced that Post Trade Solutions has launched TradeAgent, a new post trade processing platform
Starling Launches Free ‘Making Tax Digital’ Tool to Help Sole Traders Manage New Rules
Starling has made its proprietary Making Tax Digital for Income Tax tool available to business customers for free