How many users now?

Hi Pat, you should check in the section ā€œSeries B Announcementā€ ā€¦

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Thanks Davide. Some of these threads change direction over time. I got the impression that particular one started going off on whether Crowdcube were paying people in secondary in a timeous manner and sort of zoned out.

This was because it was all parts of the series B, as the secondary sale were carried thru by crowdcube.

@fishfinger Iā€™ve been wanting to revive the same discussion for a while. Iā€™ve just posted something here, come join the discussion:

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Anybody have a new user number after the recent influencer partnership/s?:

https://community.freetrade.io/t/influencer-marketing-spotted

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Friend signed up #764,84X

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Whatā€™s that, still about 1,500 customers daily?

Lovely jubbly

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Gimme a fix someone!!

Want to know what the run rate needs to be to hit 1M users by next crowdfund.

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The previous two posts before yours combined suggest itā€™ll take about 5 months to hit 1M at the current acquisition rate.

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Would be a shame to raise at 900k users. I think being at 1M is disproportionately exciting and would really help justify that Ā£1bn valuation.

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1m is just a vanity metric. Anything near that will be extremely impressive. Iā€™d be more concerned with Freetrade timing their CF round effectively around the EU launch.

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Yes it is. But we are raising from the crowd. :ok_hand:t2:

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Also investors surely care about active numbers and not just people who got a free share from an influencer or people who will jump after the meme phase ends. I think FT will do VERY well but I also think many brokers will have a dip when everything opens up totally and people want to spend their money on actually doing things. :+1:

Worrying about the user number is not really important compared to other KPIs.

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Forget Europe for new customersā€¦ imminent expansion to Australia as well :clap::australia:

Absolutely ripe for disruption by FT. Many still paying AUD$10 (minimum) for trading through the biggest trading platform (CommSec). A few small local players signed up 100k+ members and Robinhood AWOL since 2015ā€¦

Bring it on!

Shout out to other Aussies in London :rofl:

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As a fellow Australian, yes great opp in Aus however it requires full market penetration to really move the dial signups wise. Europe however has the potential to onboard huge numbers(10m+) and is not a one player wins market.

Why wouldnā€™t Aussies use Stake, given that itā€™s an Aussie company?

When did Freetrade say that they will crowdfund in September?

Last AMA

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Check this out. They are going live in Canada as well!!!

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I donā€™t think they are planning an office there