U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.

The following amendments have been made to the 'Freetrade Exit and Share Repurchase Programme' announcement released on 16 January 2025 at 10.05am under EQS News ID: 2069201.

IG Group is paying less than a quarter of the price that Freetrade tried to raise funding at in 2022, sparking a backlash ...

I appreciate that for many of you who backed us after our Series B this means that your investment is being realised at a loss.' ...

IG Group has acquired stock trading app Freetrade for £160m, as the FTSE 250 firm looks to target a new audience of traders.

The London-based FTSE 250 constituent said the purchase, which is set to be completed by mid-2025, will help to boost its UK ...

Dublin: GRW), a prominent European venture capital firm, has revised its expected proceeds from the exit of its investment in ...

Freetrade, the UK-based rival to Robinhood, has been acquired by IG Group at a 29% valuation discount for £160 million, ...

Investing.com -- IG Group (LON: IGG) on Thursday, in a stock exchange filing, said that it will buy Freetrade, the UK-based ...

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 ...

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.

IG Group has acquired stock trading app Freetrade for £160m, as the FTSE 250 firm looks to target a new UK audience of ...