I don’t remember the exact figures but were clearly positive for June update which was well ahead of their projected numbers. Prehaps @omarft could share the slides. This should have postive knock-on effect for future figures.
The CLN should be concluded following the closing of this funding round but might take a bit of time and will be at the 20% discount of share value so should convert at £2.08
Freetrade were clear that they didn’t/don’t need to fundraise to turn positive but plan to use the funds to expand. In the first instance to consolidate Sweden through greater marketing.
They also spoke about securities lending which is important part of their model to increase funds as well as onboarding future customers through subscriptions.
They also touched on PFOF but this doesn’t really effect UK customers.
I’m sure there were some other things in there that I’ve missed off so others please jump in.