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Thursday, January 16, 2025

Brokerage firm IG Group acquires UK trading app Freetrade for £160M; Freetrade raised ~£30m via crowdfunding and was valued at £650m in 2021 during the pandemic (John Reynolds/Tech.eu)

John Reynolds / Tech.eu:
Brokerage firm IG Group acquires UK trading app Freetrade for £160M; Freetrade raised ~£30m via crowdfunding and was valued at £650m in 2021 during the pandemic  —  Freetrade, the UK trading app, has been acquired by the listed trading platform and spread betting group IG Group in a £160M deal.

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