QVentures Announces Freemarket Exit
LONDON, 30 November 2023 – Venture Capital firm, QVentures is proud to announce their exit from Freemarket, a fintech platform for regulated B2B cross-border payments and currency exchange.
Freemarket provides its customers with B2B cross-border payments through its proprietary technology platform. The company’s global banking network and technology platform enables customers to send payments and funds to over 100 countries in 140 currencies.
The exit comes after a growth capital investment from Baird Capital’s Global Private Equity Fund.
Robert Walsh, Managing Partner at QVentures says: “We first engaged with Freemarket in 2019 and it’s been fantastic to see their growth and success. Congratulations to the team and to our investors for another £100m+ exit!”
In 2022, Freemarket ranked #12 in the Sunday Times Hundred* and #25 in the Deloitte Technology Fast 50 program which celebrates and champions the UK’s fastest-growing technology businesses. In 2023, Freemarket ranked #81 in the FT1000: Europe’s Fastest Growing Companies.
QVentures is a Venture Capital firm providing direct investment opportunities and fund management. QVentures sources, screens, and invests in top-tier start-ups from Seed to Series C for their investor base consisting of Family Offices, Institutional Investors, UHNWIs, and Cashed-out Entrepreneurs. QVentures has participated in rounds with an aggregate combined size of over £351m in 115 companies.
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Capital at Risk. You could potentially lose all of your money in this investment. Returns are not guaranteed. QVentures is targeted at investors who are sufficiently sophisticated, understand these risks and make their own investment decisions. The tax treatment of this business depends on the individual circumstances of each investor and may be subject to change. Investors should seek professional independent advice if they are unsure as to the suitability of any investment for their particular circumstances and needs. Past performance and forecasts are not indicative of future performance. Investors should only invest a proportion of their available investment funds through QVentures as these investments are high-risk. QVentures does not make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained in this document.
QVentures is a trading name of Quintessentially Ventures Limited, which is an Appointed Representative of Brooklands Fund Management Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 757575). QVentures is not registered with the Securities and Exchange Commission.