Freedom Holding Corp.'s market capitalisation increased by 85% over the past year. Freedom24, its EU-based retail stockbroker, is rapidly gaining popularity across Europe. In Romania, the platform has attracted over 2,800 clients and achieved a total investment volume of €3 million. Freedom24 aims to increase its Romanian client base by 200% in 2025, targeting from first-time investors to experienced traders. Freedom Holding Corp. (FRHC), a NASDAQ-listed international investment group and the parent company of Freedom24—an EU-based retail stockbroker, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion. For the quarter ended December 31, 2024, Freedom Holding Corp. reported revenues of $655.2 million, a 57% increase ($236.6 million), over the same period last year. The growth was driven by higher insurance underwriting income and net gains on trading securities. The results coincided with a surge in the company’s market capitalisation: shares of Freedom Holding Corp., traded on the Nasdaq Capital Market, closed at $149.61 on February 6, taking the company’s valuation to an all-time high. Over the past year, the company’s market cap increased by 85%, and its share price has more than tenfolded since its Nasdaq debut in October 2019. Freedom Holding Corp. now serves 618,000 retail brokerage, 1.4 million banking, and 972,000 insurance customers, reflecting strong expansion across key segments. „These milestones not only underscore the success of our strategy but also highlight our growing prominence in the global financial services sector. They are a testament to our team's commitment to innovation and excellence, and they reaffirm our determination to provide world-class financial solutions to our clients worldwide”, states Timur Turlov, CEO of Freedom Holding Corp. The Freedom24 platform continues to attract a growing number of retail investors, driving its rapid expansion across Europe. Launched in the Romanian market last year, the platform has since attracted over 2,800 clients and achieved a total investment volume of €3 million. Romanian investors have shown a particular preference for U.S. and European markets, with technology stocks, ETFs, and options trading being among the most popular investment options. There is also a rising demand for sustainable investments, in line with global trends. For 2025, Freedom24 aims to increase its active client base in Romania by 200%. Additionally, the broker plans to complement its investment services with individual payment solutions, including debit cards linked to investment accounts. „Our goal at Freedom24 is to establish a strong presence in Romania and become one of the country’s top investment platforms. We are seeing a strong interest in financial investments, especially among younger generations. We want to increase awareness of the opportunities Freedom24 offers - access to global investment products, and tools designed for both beginners and experienced investors. We also emphasize the safety of our trading platform, which is developed in-house, and our solid, transparent infrastructure”, states Olga Milko, Business Development Director at Freedom24. Accessible via both mobile app and web, Freedom 24 platform provides users with direct access to the US, European, and Asian stock exchanges, enabling them to trade over 1 million financial instruments, including stocks, options, and exchange-traded funds (ETFs). The company’s strong performance was recognised by the international rating agency S&P Global Ratings which raised the long-term credit ratings of Freedom Finance Europe Ltd — which operates under the Freedom24 brand - from ‘B’ to ‘B+’.
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
