Episode #326: Startup Series – Viktor Nebehaj, Freetrade, “We Want Everybody To Have Access To Investing”

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Episode #326: Startup Series – Viktor Nebehaj, Freetrade, “We Want Everybody To Have Access To Investing”

Guest: Viktor Nebehaj is Freetrade’s CMO and Co-founder. He can be found penning the weekly Freetrade emails, as well as major company and product updates.

Date Recorded: 6/9/2021 | Run-Time: 52:05

Summary: In today’s episode, we start with Viktor’s early days at Google. Then hear how he went all-in on a crowdfunding campaign for Freetrade and loved the product so much he joined the company as a co-founder. We dive into the company, which offers commission-free brokerage without payment for order flow or margin lending. Viktor shares how the company makes money, what the appetite for this product has been like in Europe, and what it was like to navigate the craziness of 2021.

As we wind down, we hear about Freetrade’s crowdfunding experience, with seven total rounds raising roughly 60 million dollars.

As a special offer for listeners of the show, visit freetrade.io/MEB and get a free stock worth 3 – 200 GBP.

Sponsor: This episode is sponsored by Bitwise. The Bitwise 10 Crypto Index Fund is the world’s largest crypto index fund. It holds a diversified portfolio of cryptoassets, including bitcoin, ethereum, and DeFi assets. Shares of the fund trade under the ticker “BITW” and are accessible through traditional brokerage accounts. Shares may trade at a premium or discount to net asset value (NAV). For more information: www.bitwiseinvestments.com

Comments or suggestions? Email us Feedback@TheMebFaberShow.com or call us to leave a voicemail at 323 834 9159

Interested in sponsoring an episode? Email Justin at jb@cambriainvestments.com

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Links from the Episode:

1:38 – Intro
3:37 – Welcome to our guest, Viktor Nebehaj
4:55- Viktor’s origin story
9:15 – What led Viktor to invest in Freetrade and later join the company
9:52 – Overview of Freetrade
10:48 – Differences between the US and European financial markets
16:28 – Freetrade’s business model
19:06 – Is payment for order flow even legal in Europe?
22:11 – Sponsor: Bitwise
23:02 – Viktor general perspective on the past year
28:09 – How it felt to watch the launch of their app
34:36 – Lessons learned over the past five years
38:21 – Future plans for Freetrade
40:46 – Potential group swell support of the retail investor space
42:04 – Freetrade’s crowdfunding experience
49:28 – Viktor’s most memorable investment
51:56 – Learn more about Viktor; community.freetrade.io; freetrade.io/meb to get a free share when you sign up