We are Freemarket

How the Freemarket network works
What we do We help members to move money quickly and securely at lower cost, allowing them to use their cash more efficiently. Working with regulated partners we give our members access to lending, programmable money and banking services. We are the only company that can help members to mint, burn and settle using fresh stablecoin through regulated partners.
Why we do it Thousands of really innovative, fast-growing businesses find it difficult to access banking services. Maybe because they do business in emerging markets. Or they aren't quite big enough for mainstream banks. Perhaps they operate in compliance heavy sectors. We don't believe these should be barriers to getting banked. We know that we can develop an in-depth understanding of what they do, their products and the jurisdictions they operate in and help them to grow faster.
Why us On our network you choose the speed, routing, timing and settlement of all your payments in one account, in real time, giving you total visibility of your position, 24/7. We are the only non‑issuer combining deep fiat payment infrastructure with live stablecoin mint and burn capability. We have become one of the most advanced future-rails global payment networks now processing tens of billions of dollars every year.

Our story

2011​

Freemarket was built with a clear purpose.​

Alex Hunn, our founder and Board member, spent fifteen years in investment banking, specialising in capital markets and cross border payments. He saw that all but the biggest businesses were getting a raw deal and poor service when they tried to move money. Banks were offering large spreads, slow transaction times and opaque pricing.​

He believed that being in business was hard enough without those hurdles. So he set out to use technology to challenge the status quo; to make moving money faster, cheaper, and most importantly fairer, for all businesses.​

Our early success was operating as a regulated FX provider, targeting UK Small/Medium Enterprises.​

2014​

We announced our first external funding round, raised primarily from angel investors. The funding supported early technology development and commercial expansion.​

2016​

Rich Ricci, former CEO of Barclays Capital, joined us as Chairman, strengthening the firm's governance and institutional credibility.​

2020 ​

We raised additional growth capital, including investment from BHL Holdings alongside an EIS raise from West Hill Capital. The funding supported automation and scaling during increased demand for digital payments amid COVID‑19 disruption. We began to open up B2B cross‑border payments, establishing multi-currency accounts and building our own proprietary network.​

2023​

We announced investment from Baird Capital’s Global Private Equity Fund to support our international expansion and licensing. We achieved Central Bank of Ireland authorisation, enabling passporting across the EEA.​

2024​

Andrew Adams joins the Board as an advisor joining Charlotte Crosswell OBE, Chair of the Risk Committee.​

2025​

The company enjoys its strongest growth period in recent times.​

2026​

We announced  that we had made a strategic investment in Axiym, our "Pay Now Settle Later" provider. Axiym’s treasury and settlement layer allows our network members to access post-pay settlements, reducing the constraints of SWIFT pre-funding models.​

We are always evolving. Today, built by a world-class compliance team, we are a global payment network processing tens of billions of dollars. We are debt-free, cash positive and with world-class investors on our side. We have a brilliant team and a well-connected Board in a powerful network of people, driven by a common goal to help our clients to grow.

Together, we are Freemarket.​​



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