Freetrade’s mission is to get everyone investing. An FCA-regulated stockbroker, and member of the London Stock Exchange, their app won Best Online Trading Platform at the British Bank Awards 2019 and 2020. Following a record-breaking round in 2019, they are raising again to supercharge their growth.
Freetrade is an award-winning, commission-free investing app. Our mission is to get everyone investing.
These are uncertain, historic times and we're seeing unprecedented levels of interest from people looking to invest in the stock market. This is what Freetrade is made for.
We don’t think the investing industry works well for most current/future investors. High commissions and clunky products can make it complicated for people to start.
That’s why we created Freetrade — to break down these barriers. We have a simple, freemium pricing model, and have built the tech behind our award-winning app from the ground up.
We raised $15m in 2019, including a Series A investment from VC Draper Esprit, and 5k+ investors on Crowdcube.
Since then, we’ve grown our customer base from 25k to 150k+. Last month, Freetrade customers deposited almost 10x the cash than they did just 6 months ago.
Our new proprietary brokerage platform, Invest by Freetrade, has scaled smoothly and supported an incredible surge in customers while keeping costs low. It’s the foundation we've used to roll out new features at rapid pace, such as free Instant Orders & real-time deposits with Apple Pay/Google Pay. We’ve also shipped fractional shares, breaking down another barrier to investing.
We are raising with the aim of supercharging our growth, allowing us to grow engineering & marketing and continue expansion into Europe.