Let me check and you can also ping cosec@freetrade.io with questions like this @JTJB . I believe the 2022 convert will show up once the conversion has completed (which was triggered by the 2023 round).
Got my R9 shares showing on Capdesk this morning after accepting them. Still waiting for the CN round shares to appear.
Would be awesome to hear of the exciting features youāre working on. Great to hear of the new hire in Sweden too. Would really appreciate some updates towards profitability too but can understand how sensitive that could be.
Yup. Looking forward to hearing about the progress thatās been made.
@acamp Was this announced anywhere? I mean, I donāt mind more being raised for marketing purposes, but didnāt see this posted anywhere here?
My R9 shares or conversion donāt appear to be showing on Capdesk, are these happening in stages @acamp ?
Response I got enquiring when the convertible and last funding round shares will appear on the Capdesk dashboard
FT cosec
āSmaller investments are held via crowdcube and your holding wonāt appear on Capdeskā
I still need to chase this up as it seems inconsistent
Hey Alex. Hope you are doing fine!
Havenāt received any product update since June.
Is there any news to share? The radio silence is a bit worryingā¦
Would be great to have a catch up for the investor community. Was expecting some updates in September based on your message.
Please donāt keep us guessing much longer.
We sent out a company update about a month ago and are due to send another one out shortly.
We sent this using a new tool and Iāve now realised that we used this to share with all current customers, but did not cross-check that with our list of crowdfunding investors who might not have an account!
Weāve got a couple of chunky updates that are just about ready to go. Weāve had to do a bit of extra work and testing to get things right, hence the radio silence. But all will be revealed shortly ā¦
https://twitter.com/DavideSangiova2/status/1709236342238884155 looks at the headline (rev, ebitda) financials of 40 UK fintechs, including Freetrade, Trading212 and others
Hi Rod,
My lack of technical skills (or perhaps access) means I canāt see the full list - can you post it here please?
Thanks
I got you:
"With the majority of 2022 fintech Annual Reports now published, I can update the report about the Status of UK Fintech ā Growth Rate (benchmark with 40 UK fintech players).
- Total revenues 2022 of £2.8bn;
- The median growth rate (revenues) of the Sector in 2022 vs 2021 is 55% (average 118%);
- Fintech players active in the lending to SME are the segment with the best revenues growth rate (including Starling + 140%, Tandem +286%, Zopa +130%);
- Infrastructure providers for open banking are not growing as expected and also overall, they have very low revenues;
- Mixed result on the wealthtech players, with cleoAI best in class (+192%) flowwoed by Moneybox (+101%), but several players with growth rate lower than 50% and highly unprofitable (including Moneyfarm and Nutmeg);
- Just 3 companies, Seedrs, Primary Bids and Though Machine, reported negative growth rate (note: for PrimaryBids and Though Machine the data are 2021 vs 2020)."
Davide Sangiovanni
Founder & General Partner at Graffiti Ventures on LinkedIn
Thanks Warren, thatās great.
Thanks Warren, I was just about to post that! The data will be from annual accounts, so 12+ months old. I would guess that some of these have spent a lot of energy since 2022 cutting costs to get much closer to breakeven. Even so, itās a sobering read.
wow look at the revenue gap between FT and T212. And EBITDA of T212 positive as well!
As we know this mainly comes through their CFDās
āshortlyā, must be the new āsoonā .
Friendly poking.
Obviously eager to hear of the exciting features being worked on.
Weāre all so keen to see freetrade succeed and amp up to the next level when the other free players start coming to our shores.
Heavily invested in freetrades future in more ways than one having been a very early investor and user of the app.
Hi @acamp
iām an early investor and i didnāt recieve the updateā¦
Can you send the email to those who didnāt receive it?
tnx