IG Group has acquired stock trading app Freetrade for £160m, as the FTSE 250 firm looks to target a new UK audience of ...
The London-based FTSE 250 constituent said the purchase, which is set to be completed by mid-2025, will help to boost its UK ...
IG Group is paying less than a quarter of the price that Freetrade tried to raise funding at in 2022, sparking a backlash ...
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 ...
I appreciate that for many of you who backed us after our Series B this means that your investment is being realised at a ...
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.
Investing.com -- IG Group (LON: IGG) on Thursday, in a stock exchange filing, said that it will buy Freetrade, the UK-based ...
IG Group (LON: IGG) has acquired Freetrade, a commission-free investment platform, for £160 million to further expand its offerings in the United Kingdom. According to the announcement made today ...
Over the next two years, IG Group plans to reinvest most of Freetrade's profit in growing the platform. The online stockbroker is funding the takeover through existing capital, and expects returns on ...
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.
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 ...