While we would love to continue providing a free platform to invest, a small investment fee was
introduced on 12th November 2018 introduced to cover some of our costs associated with providing
access to investment opportunities on Crowdcube. By introducing this fee, we can continue to
provide a platform that enables our members to invest in some of the most exciting and ambitious
businesses from across the UK and beyond, which previously would have been restricted to
institutional investors and ultra high net-worth individuals.
After thorough user-testing and a significant amount of engineering work, the investment fee, which
covers some of our costs associated with providing access to investment opportunities, is applied to
all investments made via the platform from that time onwards.
We published a number of FAQs about the investment fee prior to its launch in our Help Centre. To
ensure there wasn’t any confusion or lack of clarity on what investments the fee would be applied to,
updates to the investment process were timed to coincide with the launch of the fee.
The mission is making investing accessible to everyone. It just fits.
And we are still at a point we can scale well with crowdfunding. The customer growth in the past seven months and the quality of the team we managed to build are hopefully strong evidence for our investors.
Everyone who downloaded the app (and entered their email address), signed up on the website or is a member of this forum will get the head start link at 11:40 AM.
Seriously. Valuation with more than 100M!!.
End of 2017, BUX (trading app) was valued €52M with more than 1M users (100K + real money customers) with big VC investments. I am sure that Freetrade previous round valuation in 2018 was done considering the current growth and app released on both platforms. Unless management see that current growth is more than previous prediction, I would have thought the new valuation should be moderate somewhere between £22 M to £25M. Anyway as someone mentioned already, it is a paper gain and road to real gain would be a bit long . May be 3 to 5 years .
There’s a meet-up at the Freetrade office on Tuesday night, recent meet-ups have been recorded, put on the YouTube channel and packs have been shared in the community.
So we will likely see something beforehand, but not sure if that would be the official Crowdcube pack…
Would be nice to see the investment documents (investor pitch, business plan etc) released to everyone at that stage a couple of days before the raise, so that we have time to read the documents. I’m not keen on companies giving a very short time to look at these docs before investment rounds open and using FOMO to boost early investment. I see why they do it, it’s just it would be nice to make investment decisions without that pressure.
That won’t be possible as we’re raising though a regulated crowdfunding platform and you’ll need to be a Crowdcube Member before accessing the investment documents. It’s not a public offering and there are rules around how share offerings are done - Crowdcube is the right place to view, comment and ask questions about investment docs etc. The exception would be if you are already a shareholder, who will receive separate communications to the wider community.
Worth remembering is that you only pledge an amount while the campaign is live, then there is a 7-day cooling off period to consider your investment before the pledge becomes binding → More details here
Why would RH buy freetrade it not make any sense , RH got platform they got everything they just need a office in UK fill up a lot of documents and add UK stocks to platform also ISA and they done Also Dezero got waiting list for UK free trades and they got everything they need office , plaform , world stocks , support they just need few documets and they can start any time and even most of documents could be done allready . I love freetrade but it need to be fast …
Thanks for the response and that’s a good point about pledging.
Sorry that wasn’t clear, I wasn’t asking you to share docs in another venue/medium. It’s just crowdcube have this weird process where you have to wait till the round starts, then apply to see the docs (usually they are locked), then read them under time pressure and decide what to invest (hoping the eis coverage isn’t gone or the round closed before you’ve finished).
It’d be nice if the time pressure was removed by releasing docs via crowcube a little early to investors who are signed up.
No news on price per share as yet.
, RH got platform they got everything they just need a office in UK fill up a lot of documents and add UK stocks to platform also ISA and they done 
Also Dezero got waiting list for UK free trades and they got everything they need office , plaform , world stocks , support they just need few documets and they can start any time and even most of documents could be done allready . I love freetrade but it need to be fast … 