IG Group Acquires Freetrade for £160 Million ($195M) in Major Investment Platform Deal
Hey FinTech Fanatic!
IG Group has announced the acquisition of UK neobroker Freetrade for £160 million (USD $195 million). The deal values Freetrade at approximately 5x its annual run rate revenues, based on Q4 2024 performance of £8.3 million, contributing to total 2024 revenues of £27.5 million.
Since
