Tagged: adam dodds

UK Fintech Freetrade Might Cut Up to 15% of Staff Members

During an internal “All Hands” meeting held this past Thursday (June 9, 2022), the challenger stockbroking app, Freetrade, revealed that it will be implementing redundancies for around 15% of its staff members. Freetrade‘s management recently noted that it is planning to make up to 15%… Read More

UK Fintech Freetrade Acquires £30M via Loan Agreement

Freetrade, the UK-based stock brokerage app provider, has secured £30 million via a loan agreement in order to boost its financial resources without having to commit to a new valuation for the firm. The FT reports that the announcement comes at a time when startups… Read More

UK Fintech Freetrade Hires Karl Broomé to Serve as MD to Oversee Markets, Company Submits Paperwork to Acquire License in Sweden

As it prepares to introduce services in Sweden, Freetrade, a commission-free trading app that’s regulated by the UK Financial Conduct Authority (FCA), has hired Karl Broomé to serve as ts MD to oversee the market activities. Broomé has joined Freetrade after having worked previously in… Read More

Freetrade Raises $69m Series B Led by Left Lane Capital with Participation by Draper Esprit, L Catterton

Freetrade, a commission-free trading app that is regulated by the UK Financial Conduct Authority (FCA) has raised a $69 million Series B funding round led by Left Lane Capital. The valuation was not disclosed. Draper Esprit and L Catterton also participated in the round. Freetrade… Read More

London-based Fintech Freetrade Raises €13.4 Million via Series A Investment Round, Receives Funding from First Capital Investor

London-based Freetrade, a challenger stockbroker that provides free share trading in smartphones, recently closed a €13.4 million (appr. $14.9 million) series A funding round in which it received investments from its first capital investor. This past summer, Freetrade closed a crowdfunding round on Crowdcube raising… Read More

InvestCloud Names UK Startup Freetrade As First Firm to Enter Innovation Center

Global fintech firm InvestCloud announced on Wednesday it has named Freetrade as the first firm to enter its UK Innovation Center. The UK startup is using the space to bring its app-only stockbroker to market. According to Investcloud, Freetrade was founded by former KPMG accountant Adam… Read More

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