I appreciate that for many of you who backed us after our Series B this means that your investment is being realised at a ...
U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.
Online trading app Freetrade reportedly faces a backlash from early investors after announcing a £160m sale to IG Group - a fraction of the valuation it targeted during earlier fundraising talks.
The London-based FTSE 250 constituent said the purchase, which is set to be completed by mid-2025, will help to boost its UK ...
Molten first invested in Freetrade in the Series A in 2019. This deal values Molten's stake 30% above the 30 September 2024 holding value of £17 million and will deliver a 1.6x multiple on invested ...
IG Group Holdings said it acquired U.K. investment platform Freetrade for 160 million pounds ($195.9 million) in cash. The financial services group said Thursday that the deal would boost its offer in ...
The platform streamlines complex trading processes through systematic execution and automated risk management, addressing key issues that typically lead to trading losses. "Curren ...
Nearly all small investors lose money in the markets, but a new trading platform called Good Market thinks artificial ...
Investing.com -- IG Group (LON: IGG) on Thursday, in a stock exchange filing, said that it will buy Freetrade, the UK-based ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
IG Group said it was buying online trading platform Freetrade for £160m as it looked to expand its UK investment offering.
IG Group is paying less than a quarter of the price that Freetrade tried to raise funding at in 2022, sparking a backlash ...