Timur Turlov wants to have the largest digital bank in Europe

Timur Turlov wants to have the largest digital bank in Europe

Timur Turlov is the founder and 71% owner of Freedom Holding Corp, a financial group from Kazakhstan that was listed five years ago on the Nasdaq and has seen its market value rise. Now, with its subsidiary Freedom24, it wants to conquer Europe. The path does not prove to be easy.

Timur Turlov, founder and CEO of Freedom Holding Corp – which five years ago was accepted to list on Wall Street's Nasdaq capital exchange – wants to turn Freedom Group's European subsidiary, Freedom24, into Europe's largest digital bank. Skip the place from companies like Revolut or N26.

“Over the next 10 years, in this rapidly evolving environment, I think we will try to become the largest digital bank in Europe,” Timur Turlov, founder and 71% owner of Freedom Holding, told the Journal Economico, who is in Cyprus to participate as a guest speaker at the Limassol Forum. Economist XV, “We still have a chance, because there is great potential for growth,” the largest meeting of business leaders in the country.

“This digital bank means it has to be an extension of the brokerage platform.” The platform provides direct access to North American, European and Asian exchanges, and offers the ability to trade with more than one million financial instruments, including stocks, options and exchange-traded funds (ETF).

*The journalist traveled at the invitation of Freedom24

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By Andrea Hargraves

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