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London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake

CNBC
Summary
Nutrition label

71% Informative

Freetrade has agreed to buy the U.K. customer book of Stake , an Australian investing app.

Stake launched its services in the UK in 2020 , but has decided to focus on its Australia and New Zealand operations.

The move is part of a broader bid from London -based online trading platform Freetade to bolster its domestic business.

VR Score

78

Informative language

83

Neutral language

25

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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