Dear Freetrade Team
In your financial projections to investors during the last crowdfunding round, your goals stated that you expect to have ca. 102‘000 customers by the end of this year. After seeing your senior software engineer Mathias‘ blog post on August 28 mentioning „now over 40,000 clients“ I must say I‘m very skeptical that this number can be reached and disappointed that any growth concerns haven‘t been communicated yet.
I know that you are expanding to other countries which will push customer numbers up, however the open roadmap shows a timeline for international launches of 3-6 months which makes significant growth and meeting projections unlikely for this year.
Could you please communicate whether you plan to revise your financial projections down, how many customers are on your international wait lists and how you plan to meet this year‘s and future projections?
I value your transparency incredibly and although this doesn‘t always make things easier, this is what sets you apart as a company. Thus I‘d greatly appreciate a response.