U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.
I appreciate that for many of you who backed us after our Series B this means that your investment is being realised at a ...
IG Group is paying less than a quarter of the price that Freetrade tried to raise funding at in 2022, sparking a backlash ...
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 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 ...
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 ...
Nearly all small investors lose money in the markets, but a new trading platform called Good Market thinks artificial ...
Dublin: GRW), a prominent European venture capital firm, has revised its expected proceeds from the exit of its investment in ...
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.