How many users now?

[toms]

Interesting to note Interactive Investors have about 400k customers. Interactive Investors valuation based on this is significant. Have written about this in a different thread for those that are interested.

Series B

Interactive Investor was most recently valued (in Feb 2020) at £675m. For context in FY Mar 20 it made £8.9m profit. At Y/E it had roughly £36bn AUA. It now has £40bn AUA and 400,000 customers. Bearing in mind this valuation was made before the 2020 trading activity really got going, one would imagine profits have increased for ii and hence its valuation will have too. Whilst ii clearly has much larger AUA and is profitable. Freetrade clearly has better product market fit and faster customer g…