Case Study: Freetrade enables a £5.8m secondary share sale with Crowdcube

Powered by Cubex, Freetrade shareholders celebrated returns up to 47x (4,670%) in 2021 from a secondary share sale

Freetrade, the retail investing platform, needed a way to provide liquidity for existing shareholders while staying in control of timing, structure, and access. Crowdcube, using its Cubex-powered secondary share sale capability, offered a company-led solution designed to support both private and public secondaries.

Crowdcube managed the admin end to end, including due diligence, transfers, payments, and settlement, enabling Freetrade to run a secondary sale that saw 1,063 shareholders sell £5.8m of shares in 2021. The transaction helped early investors achieve a 47x return, six shareholders became millionaires, and Freetrade’s valuation rose to £265m.

Freetrade