Meet Freetrade the Challenger Stockbroker Launching it's Android App Today - Forbes

:robot: :rocket:

The post also mentions what’s ahead

With Freetrade now available on iOS and Android, the trading app will also be releasing a stream of new products and features in the coming weeks and months, including Apple Pay for iOS, Google Pay and ISAs for Android and ā€œmost importantly improved insights for your portfolio and stock collections within the discovery toolbar. Think collections such as ā€˜female CEOs’ or ā€˜electric car companies’.ā€

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A year after the last raise. Getting excited.

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We can start getting excited about our paper gains :blush:. Any guesses on the sort of valuation this raise might be at?

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their aim is to raise a further £1 million in minutes

So a smaller raise than last time? I guess that’s good for existing investors as dilution will be low, but might need to be quick to get in!

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Definitely quick - also either means they have a bigger backer somewhere else? Or they truly need this money just for European expansion and not to pay the bills!

Let’s get excited and start at 2-3 times growth?

R3 was about 3 times R2 if I remember right, and they didn’t have an app out back then

It could mean they aim to raise the first £1 million in minutes :wink:

Or like you said it’s part of a bigger round… we’ll find out in a few weeks.

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The cat’s out of the bag! :cat: :raised_hands:

Our upcoming Crowdcube round will launch at 12 PM Thursday 25th April. :fire:

All the deets will follow soon. :+1:

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Hopefully no investors were planning on catching a 12PM showing of Endgame on Thursday! :laughing::sweat_smile:

Looking forward to the deets :raised_hands: Hopefully Freetrade won’t be putting any more cats in bags :rofl: poor cat.

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Enough :cat:s for a day with becoming the ā€œ#1 Product of the Dayā€ today on Product Hunt: Freetrade - We’re on a mission to get everyone investing | Product Hunt

What a day! :smile:

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I’m in a 9am screening… :sweat:

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Crowdcube Round 1 had a valuation of Ā£1.9m, round 2 Ā£4m and round 3 Ā£18m if I’m not mistaken. All pre app (both iOS and Android) and therefore pre revenue. I would like to hazard a guess (hoping) that there will be at least a 5x multiple this round due to number of users signed up and associated revenue being generated. I could be completely wrong, but looking forward to the 25th to see!

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