Freetrade (company)
Freetrade Ltd is a UK based financial technology company which offers a freemium share dealing service.[1] The company was founded by Adam Dodds and Davide Fioranelli in 2015.[2][3][4] Freetrade launched on iOS in October 2018[5], and on Android in April 2019.[6] In 2019 the company completed a $15m Series A funding round led by Draper Esprit.[7][8] As of July 2020 the company claimed to have more than 200,000 clients.[9]
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Private | |
Industry | FinTech |
Founded | 2015 |
Founders | Adam Dodds, Davide Fioranelli |
Headquarters | London, United Kingdom |
Key people | Adam Dodds (CEO) Viktor Nebehaj (CMO) Ian Fuller (CTO) |
Products | Share dealing |
Website | freetrade |
Awards
Controversies
In January 2020, Freetrade was accused of fostering a culture of fear after a City AM investigation into staff claims of a toxic workplace.[14] Co-founder Adam Dodds defended the company, saying it has an honest and candid culture that not everyone is comfortable with.[15]
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References
- "Freetrade stakes claim in Europe's fee-free stock trading markets". Financial Times. Retrieved 23 January 2020.
- https://www.finextra.com/pressarticle/68440/app-only-stockbroker-freetrade-raises-11-million-on-crowdcube
- https://www.crowdfundinsider.com/2018/05/133687-overfunding-zero-fee-investment-app-freetrade-surpasses-500000-funding-target-in-12-minutes-on-crowdcube/
- "Could you buy and sell shares for free? Trading 212 and Freetrade offer fee-fee share dealing to take on Hargreaves Lansdown and rivals". This is Money. Retrieved 25 April 2019.
- "Freetrade launches 'zero-fee' investment app". TechCrunch. Retrieved 29 November 2019.
- "Meet Freetrade, The Challenger Stockbroker Launching Its Android App Today". Forbes. Retrieved 25 April 2019.
- "City startup Freetrade raises $15m from Revolut backer Draper Esprit". City A.M. Retrieved 31 October 2019.
- "Freetrade Completes $15 Million Series A Round After $7.5 Million Injection From Draper Esprit". Forbes. Retrieved 31 October 2019.
- @freetrade (15 July 2020). "There are now 200,000 Freetraders" (Tweet) – via Twitter.
- "2020 Winners". British Bank Awards. Retrieved 10 August 2020.
- "British Bank Awards see Starling, Monzo, Zopa, Freetrade, Chip and Bud take home gold". altfi. Retrieved 22 June 2019.
- "Best Providers: 2019 Award Winners Announced". Good Money Guide. Retrieved 22 June 2019.
- "Consumer Investment Awards 2019: Your winners revealed". Boring Money. Retrieved 22 June 2019.
- "Investigation: City fintech Freetrade accused of deliberately fostering 'culture of fear'". CityAM. 2020-01-29. Retrieved 2020-08-04.
- "Freetrade - Toxic culture". Glassdoor. Retrieved 2020-08-04.
External links
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