Monzo is not primarily crowdfunded. It’s raised £325m… under £25m from the crowd.
TIL!
(filling up chars)
AJ Bell has done really well since listing! There’s a certain status in being a listed stockbroker, having your shares listed on competitor platforms.
Imagine investors on Hargreaves viewing a Freetrade IPO! It would create loads of switching from the extra awareness and increased trust in the brand!
It’s obviously a way off and it might not be best for shareholders, but there is an argument in Freetrade doing an earlier IPO
Any estimates or insider information about when Freetrade will IPO
At least another three years
So Freetrade targeting an IPO or listing via SPAC in the next 2-3 years … That would be unreal
Straight from the horses mouth,3 years. I guess once you have built the foundations it takes a 10th of the time to replicate it in other markets. So I guess that’s where @adam is coming from. The company can then be 100% customer focused and just needs to maintain and tweak the product(the app and desktop) as they grow.
We can have an IPO party on my 30th birthday. What a treat
Hopefully not a zoom one
I think now because of Covid and the Sweden failure that the IPO will now be in 2026/27