Valuation reduced by 60%
IN BRIEF:
New valuation set in anticipation of a crowdfunding campaign
£225m significant drop from £650m reached in Nov 2021
Freetrade offers commission-free trading has raised over £110 million to date, has around 700,000 customers, and £1.4bn of assets under administration
What does this mean?
“We've seen the longest bull market in history come to an end, and valuations of public companies fall. Freetrade is no different," Adam Dods, the CEO of Freetrade, commented.
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