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Freetrade: Hits £8 million on first day of crowdfund

Freetrade: Hits £8 million on first day of crowdfund

  • Freetrade is an app that makes investing simple, and the free award-winning app was voted Best Share Trading Platform
  • Commission-free stockbroking app raised £8 million on its first day of trading on Crowdcube
  • The company raised £5m in private mode from previous investors and those who had signed up for early access
  • And after less than four hours in public mode, the firm hit £8m with investors from 63 countries taking part in the round
  • Client assets now exceed £1bn, helped by the launch of new subscription accounts
  • The product roadmap for the Crowdcube pitch includes plans to rolls out a crypto investing service
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