23 March 2021

UK’s Robinhood rival Freetrade raises $69mn 

Written By FinTech Alliance

UK’s Robinhood rival Freetrade raises $69mn 

Freetrade, a stockbroking platform, has raised $69mn Series B funding. 

In Brief: 

Freetrade enables consumers to trade and invest without paying commission. 

It currently has 600,000 customers and has expanded into a Sweden office.  

The found was led by Left Lane Capital, including L Catterton and Draper Esprit. 

What does this mean? 

As stock trading among consumers grows in popularity thanks to a rise in digital finance management and a fall in interest rates, Freetrade has seen its quarterly trade volumes reach over $1bn. 

Freetrade has already raised funds through a crowdfunding campaign. 

Read more here. 

Up Next ...
15 May 2024

Mexico based Aplazo Secures $70mn

QED Investors led the equity financing In brief:- The financing round ...

15 May 2024

OpenPayd partners with Wirex

Providing named virtual IBANs  In brief:The partnership between the two entities aims ...

15 May 2024

Fintech Week London

Leading voices in FinTech gather In brief:- Fintech Week London, a ...

14 May 2024

Meet Cleo, London based FinTech

Using AI to close in on unicorn status In brief:Suddenly, all ...

More in Investor Solutions

London Stock Exchange invests in private markets business Floww

16 March 2022

The London Stock Exchange has made a strategic investment in ...

Public raises $65mn from Tony Hawk, others  

16 December 2020

Social investing app Public has raised $65mn Series C funding.   In Brief:  ...

Posted By The Community

Finding The One: How important it is to find the right investor for your start-up

10 August 2020

Covid-19 has the start-up community in a frenzy. Funding rounds plummeted by 22% in March, valuation...

Written By: Globacap

Shaping FinTech: Consumer investing webinar – what we learned

05 July 2020

Last week, our Shaping FinTech series delved into the world of consumer investing. We spoke to Welat...

There are no Knowledge Bank in this category

There are no Events in this category