Freemarket - About the company
Freemarket is a seed company based in London (United Kingdom), founded in 2011 by Alex Hunn and Alex Hunn. It operates as a Provider of multi-currency accounts and foreign exchange for regulated industries. Freemarket has raised $4.01M in funding from BHL Holdings. The company has 729 active competitors, including 69 funded and 19 that have exited. Its top competitors include companies like Taptap Send, Chipper Cash and YouTrip.
Company Details
Provider of multi-currency accounts and foreign exchange for regulated industries. The company delivers payment and currency solutions for businesses operating in high-stakes sectors. It offers a platform equipped with tools to manage funds across markets. The platform provides payment capabilities supported through infrastructure and risk controls.
- Website
- www.wearefreemarket.com/
- Social
- Email ID
- *****@wearefreemarket.com
- Phone Number
- +44 **********
- Registered Address
- London (United Kingdom)
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Stage
Seed
Total Funding
$4.01M in 3 rounds
Latest Funding Round
Investors
Ranked
38th among 729 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2025
Employee Count
176 as on Jul 31, 2026
Legal entities associated with Freemarket
Freemarket is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FreemarketFX Limited CIN: 7289573 , United Kingdom, Active | Jun 17, 2010 | £10M - £50M (As on Dec 31, 2025) | 45 (As on Dec 31, 2021) |
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Freemarket's funding and investors
Freemarket has raised a total funding of $4.01M over 3 rounds. Its first funding round was on Nov 2014. Its latest funding round was a Seed round on May 23, 2023 for $*****. 1 investor participated in its latest round. Freemarket has 14 institutional investors and 29 angel investors.
Here is the list of recent funding rounds of Freemarket:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 23, 2023 | 6519300 | Seed | 1140506 | 1403486 | 3790873 | 2949504 |
Apr 2020 | 7323884 | Seed | 2847350 | 9051677 | 4766772 | 6576975 |
Nov 2014 | 6818566 | Seed | 5252718 | 3076594 | 4774284 | 1655669 |
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Freemarket's founders and board of directors
Founder? Claim ProfileHere are the details of Freemarket's key team members:
- Alex Hunn: Founder & CEO of Freemarket and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Alex Hunn: Founder of Freemarket.
Freemarket's Board of Directors
Freemarket's board has 4 active members. Alex Hunn is part of team and Richard Thomas Ricci, Charlotte Louise and Shirley Louise Woolham are independent board members.Here is the list of Freemarket's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
jjqqjkr | Team | - | Current | 7y 9m |
Independent board member | - | Current | 10y 9m | |
txjqwvo | Independent board member | - | Current | 1y 9m |
jxqizar | Independent board member | - | Current | 4y 1m |
incdxab | Independent board member | - | Past | 2y 1m |
mtlrohl | Independent board member | - | Past | 8y 4m |
ztxkmqb | Independent board member | - | Past | 2y 6m |
oondrmh | Independent board member | - | Past | 2y 3m |
ylmivfd | Independent board member | - | Past | 9y 4m |
View details of Freemarket's Founder profiles and Board Members
Freemarket's employee count trend
Freemarket has 176 employees as of Jul 26. Here is Freemarket's employee count trend over the years:
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Freemarket's Competitors and alternates
Top competitors of Freemarket include Taptap Send, Chipper Cash and YouTrip. Here is the list of Top 10 competitors of Freemarket, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1551688515566.png?devicePixelRatio=2&height=30&width=30){kind=logo} Taptap Send 2018, London (United Kingdom), Series B | App-based digital wallet for cross-border money transfers | $80M | 78/100 | |
2nd | Chipper Cash 2018, San Francisco (United States), Series C | Cross-border remittance platform for individuals | $305M | 77/100 | |
3rd | NFC-enabled travel cards and multi-currency wallet transfer service for travelers | $106M | 75/100 | ||
4th |  LemFi 2020, London (United Kingdom), Series B | Provider of global money transfer and multi-currency wallet services | $86.9M | 74/100 | |
5th | Provider of international money transfer services enabling fast, low-cost cross-border payments | $252M | 73/100 | ||
6th | bKash 2011, Dhaka (Bangladesh), Series C | Mobile financial services and payment system for consumers | $261M | 73/100 | |
7th |  nsave 2022, London (United Kingdom), Series A | Multi-currency accounts and investment service provider | $22.5M | 71/100 | |
8th | Sling Money 2022, Dover (United States), Series A | Fintech platform providing a global payment solution | $20M | 68/100 | |
9th |  VERTO 2017, Palo Alto (United States), Series A | Provider of cross-border payment platform and foreign exchange solutions for businesses | $12.1M | 67/100 | |
10th |  Telcoin 2013, Los Angeles (United States), Seed | Wallet-enabled cross-border payment solution for consumers | $35M | 67/100 | |
38th |  Freemarket 2011, London (United Kingdom), Seed | Provider of multi-currency accounts and foreign exchange for regulated industries | $4.01M | 49/100 |
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Freemarket's Investments and acquisitions
Freemarket has made no investments or acquisitions yet.
Reports related to Freemarket
Here is the latest report on Freemarket's sector:
News related to Freemarket
Filter this listMedia has covered Freemarket for a total of 4 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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Freemarket and Axiym Launch LIQUI-DT for Real-Time Business Access to Primary-Market USD£ from TetherFinancial Post•Sep 29, 2026•Freemarket, Axiym
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Freemarket and Axiym launch LIQUI-DT™: real-time enterprise access to USD₮ from Tether primary marketBusiness Wire•Sep 29, 2026•Freemarket, Axiym
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Freemarket and Axiym Partner to Unlock Instant Liquidity for BusinessesNewswire•Apr 10, 2025•Freemarket, Ingenico
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Freemarket bolsters Product and Banking team to enhance strategic growthEIN Presswire•Jul 11, 2023•Freemarket, ClearBank
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Osborne Clarke team helps rapid-growth FinTech pioneer secure major investment packageBristol Business News•Jun 23, 2023•Osborne Clarke, Baird Capital, Freemarket, Freemarket and 4 others
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Freemarket Taps Technology Veteran Greg Sherwin as New CTOACCESSWIRE•Mar 28, 2023•Freemarket, Lloyd’s, Barclays
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Sky's the Limit for High Growth Fintech as It Signs Travel Industry ClientGlobeNewswire•Jul 18, 2022•Freemarket, Alternative Airlines
•
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