Robinhood hires Freetrade EU head Jordan Sinclair as new UK CEO
Jordan Sinclair spent the past two years as Managing Director – Europe for UK based neobroker Freetrade.
Jordan Sinclair spent the past two years as Managing Director – Europe for UK based neobroker Freetrade.
Freetrade is an app-based stockbroker, providing an execution-only trading platform to retail customers.
Freetrade said that this round is all about “doubling down” on its growth by upping its investment in UK customer acquisition.
Molten Ventures is an investor in Freetrade, investing in its last funding round of £30 million in May 2022.
Freetrade recently raised an additional £30 million in funding, in the form of a convertible loan.
Freetrade last raised funds in a November 2021 crowdfunding exercise, which valued the London based company at £650 million.
The FCA has concluded that Freetrade has breached regulations that require financial promotions to be fair, clear and not misleading.
Paul Brooking joins Freetrade from the fintech, Revolut, where he served as deputy CFO and Head of Financial Control.