My 1,000,000 guess is May 4th 2021.
And it’s already working my friend. Back up to 3.8
Just want to check my maths on this. Using the same valuation parametres that were used in the previous funding round (May 2020), when FT get to 573,395 users their valuation will be £500,000,000?
Does anybody have a user number?
Maybe some kind of information on the share for 6 months - linking to an article with a bit more detail or something like that
That you can dismiss
A lot of the complaints look more genuine on this at least, mainly around money not being in accounts instantly
Which is completely understandable in this day and age.
I agree, I don’t do day trading and don’t think Freetrade is the app for that, but I do get annoyed when I decide to buy a stock/ETF and have to wait a few hours for my money to go in. Just extra friction that hopefully FT are looking at getting rid of.
15/08/21 1million users.
User number has more than doubled since end Nov 20. >100% user growth in 10 weeks!!!
How much do the user numbers translate to the value of FreeTrade in a proportional manner?
Ask the next investors.
Approximately 1 million customers = 1 billion valuation
Not if no one can put money in
More like 10billion looking at forward PE ratios…
Anyone got a new user number? Chomping at the bit here…
Based on the spreadsheet it’s possible user number crosses 600k this month…