Freetrade

Freetrade is a financial technology company which offers a freemium share dealing service.

Freetrade's mission is to get everyone investing by making it simple and commission-free, with a stockbroker you can trust.

Freetrade was founded in 2016 by Adam Dodds and Davide Fioranelli. The company is headquartered in London, United Kingdom.

 

Freetrade offers a commission free trading app on Android and iOS platforms open to users in the United Kingdom. Users may trade equities and ETFs listed in the UK and the US.

 

Freetrade company surpassed one million registered users, with quarterly trading volumes as of March 2021 of over £1 billion.

 

Freetrade is backed by Draper Esprit, Left Lane Capital, L Catterton, Molten Ventures, The Phoenix, Capricorn Capital Group, and others. The company raised £30M through a loan agreement on May 20, 2022. This brings Freetrade's total funding to $133.8M to date. Freetrade was valued at a £650M from a funding raised in Nov 2021.

 

 

  • Year founded: 2016
  • Funding Info: $133.8M over 5 Rounds (Latest Funding Type: Loan Agreement)
  • Yearly Revenue: £12M (2021)
  • Employee Size: 201-500
  • Business Valuation: Valued at £650M as of Nov 2021
  • City/Town: London
  • State: London
  • Country: United Kingdom
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