what valuation do you think Freetrade will raise at? next year?
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Depends on loads of factors, Iād like to see user numbers start accelerating before they look at a Series B/crowdfund R7.
Maybe EU expansion is needed first 
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Far too early to say, depends on lots of factors
Iād say probably not EU expansion, I think the series B funds would be used to push this initiative hard so priority before will be getting all the technical and regulatory boxes ticked and ensure FT have a top quality product to enter the other markets
Might be imagining it but I think that FT have hit their crowdfunding EIS limit so less value for users in getting in at a much higher valuation. I imagine (hope) the raise will be cĀ£40-Ā£50m with 1/2 VCs, will save time and effort if there is no crowdfunding round
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Yes but VCs are way more likely to take you to the cleaners, for example if Monzo raised this year on crowdcube they could have raised at 4billion, but instead they raised with VC at a 1billion market cap. That was the price they raised at in 2018 with a quarter of the users
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I think Monzo is a poor example, they were/are struggling and needed the cash - VCās knew this and took advantage.
Freetradeās Series A with Draper was done at the same valuation as the crowdfund at the time and I always feel Freetradeās crowdfund valuations have been on the conservative side!
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I agree they can push the valuation down however if you have a strong business case and justification I donāt think you have to budge as you will have optionsā¦also VCs will deliver far more cash than crowdfunding and user numbers donāt always increase in parallel with valuation
SIPP is key for large liquidity which FT should be targeting.
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I think the lockdown boom in numbers is probably winding down with all the redundancies and furlough not being as good. People are less optimistic this time. It may not spike but it might not fall as far as it would have.
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How many have signed up to Freetrade Plus. When will they release some numbers. Monzo plus has had 80,000 sign ups
Iād be surprised if numbers were released outside of a capital raise
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Where have you seen that?
In July we launched the new version of Monzo Plus ā the account that puts money in your hands. Weāve been blown away by the reception to it, with more than 80,000 people signing up so far! If youāre one of those people, we hope youāre enjoying the account.
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80,000 signed up a week ago, I know thatās at least 80,001 by now 
I wonder what the number is now
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That was Monzo Plus not Premium
Theyāve not said anything about the Premium take up
#offtopic
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Ah, missed that. Oh well someone must know premium numbers at some point
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Thanks, I missed that
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Yh I second this you want to do a proper marketing push To Europe with atleast Ā£50m From Vcs in the bank And maybe Allocate Ā£1-2m for the crowd.
friend just signed up - 256,5XX
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