About Freetrade
Freetrade is a company based in London (United Kingdom) founded in 2015 was acquired by IG in January 2025.. Freetrade has raised $165.03 million across 11 funding rounds from investors including IG Group, Molten Ventures and Phoenix Investment Funds. Freetrade has completed 1 acquisition, including IG Group. Freetrade offers products and services including Stocks and Shares ISA, Personal Pension (SIPP), and General Investment Account. Freetrade operates in a competitive market with competitors including Scalable Capital, Interactive Investor, Tiger Brokers, Interactive Brokers and BUX, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Freetrade Limited
- Date of Incorporation 28 Sep, 2015
- Jurisdiction LONDON, ENGLAND
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Products & Services of Freetrade
Freetrade offers a comprehensive portfolio of products and services, including Stocks and Shares ISA, Personal Pension (SIPP), and General Investment Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tax-efficient account for investing in global stocks and ETFs.
Self-invested pension for tax-relieved contributions up to limits.
Flexible account for trading stocks without tax wrappers.
Funding Insights of Freetrade
Freetrade has successfully raised a total of $165.03M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $2.24 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series C — $2.2M
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First Round
First Round
(28 Jul 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Series C - Freetrade | Valuation |
investors |
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| Sep, 2022 | Amount | Series C - Freetrade | Valuation |
investors |
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| May, 2022 | Amount | Series C - Freetrade | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Freetrade
Freetrade has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include IG Group, Molten Ventures and Phoenix Investment Funds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Private debt fund
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freetrade
Freetrade has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IG Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Forex brokerage services are provided internationally by IG.
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1974 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Freetrade
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freetrade Comparisons
Competitors of Freetrade
Freetrade operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scalable Capital, Interactive Investor, Tiger Brokers, Interactive Brokers and BUX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automated investment platform for ETFs, equities, bonds, commodities, and real estate
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| domain | founded_year | HQ Location |
Online trading and investment services are offered to investors.
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| domain | founded_year | HQ Location |
Online trading of stocks, securities, and options is enabled.
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| domain | founded_year | HQ Location |
Provider of online brokerage services and trading platforms
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| domain | founded_year | HQ Location |
BUX is engaged in providing investment services for shares and ETFs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Freetrade
Frequently Asked Questions about Freetrade
When was Freetrade founded?
Freetrade was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Freetrade located?
Freetrade is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Freetrade a funded company?
Freetrade is a funded company, having raised a total of $165.03M across 11 funding rounds to date. The company's 1st funding round was a Series C of $37.47M, raised on Jul 28, 2016.
What does Freetrade do?
Freetrade was established in 2015 in London, United Kingdom, as a fintech platform focused on stock market trading. Investments in shares, ETFs, SIPs, investment trusts, fractional shares, and tax-efficient pension savings are supported through its app. The service operates on Android and iOS devices, allowing users to access these options digitally from the UK.
Who are the top competitors of Freetrade?
Freetrade's top competitors include Scalable Capital, Interactive Investor and BUX.
What products or services does Freetrade offer?
Freetrade offers Stocks and Shares ISA, Personal Pension (SIPP), and General Investment Account.
How many acquisitions has Freetrade made?
Freetrade has made 1 acquisition, including IG Group.
Who are Freetrade's investors?
Freetrade has 6 investors. Key investors include IG Group, Molten Ventures, Phoenix Investment Funds, Left Lane Capital, and L Catterton.
What is Freetrade's valuation?
The valuation of Freetrade is $731.09M as of Nov 2021.
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