Freetrade

Freetrade raising funds via crowdfunding round @ £225M valuation

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.

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