Latest news with #FreedomHolding
Yahoo
09-07-2025
- Business
- Yahoo
From Almaty to Stanford: Freedom Holding becomes a global business case study
New York, United States, July 7th, 2025, FinanceWireThe Stanford Graduate School of Business has included a case study on Freedom Holding Corp., a financial services company founded by entrepreneur Timur Turlov, in its academic curriculum. This marks the first case of its kind from Central Asia to be studied at one of the world's leading universities. The case, titled 'Freedom Holding: Building an Ecosystem as a Path to Scale,' explores the transformation of a small brokerage firm into a digital ecosystem that today unites finance, insurance, payment solutions, telecommunications, and everyday online services. The company's central platform, the Freedom SuperApp, allows users to manage both their finances and daily lives in a single digital space. 'If you don't give the customer everything in one place, they'll go somewhere more convenient. We weren't just building a product — we were building an environment where people enjoy living,' said Timur Turlov, CEO of Freedom Holding. The story of Freedom Holding is not just a success story — it's described as 'a guide to survival and scaling in times of uncertainty.' Key themes explored in the study include: • Leading in the absence of formal rules • Building infrastructure from scratch • Growth through service integration • Strategic balance between competition and cooperation • The role of mission and values in strategic decision-making Today, Freedom Holding is considering multiple paths for future development — from strengthening its position in Kazakhstan to entering new markets in the Middle East, Southeast Asia, and Africa. The case was developed jointly by Stanford faculty and representatives of Freedom Holding, and is already being used in Stanford's course on platform strategy and digital transformation in emerging markets. 'This is a moment of pride not only for our team, but for the entire region. We've proven that big ideas can be born outside of New York and London — in places like Almaty or Astana,' Turlov said. About Freedom Holding Corp. Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC).Natalia KharlashinaFreedom Holding | © Copyright 2025 All rights reserved
Business Insider
07-07-2025
- Business
- Business Insider
First Trust Financials AlphaDEX becomes the largest shareholders of Freedom Holding after Timur Turlov
New York, United States, July 7th, 2025, FinanceWire As part of its scheduled portfolio rebalancing, the First Trust Financials AlphaDEX Fund (NASDAQ: FXO) acquired 185,000 shares of Freedom Holding Corp. (NASDAQ: FRHC), adding them to its portfolio. As a result of this transaction, the fund has become the second largest shareholder of the company, following its founder and CEO, Timur Turlov. FRHC now holds a 1.22% weighting in the index that underlies the fund's structure. FXO is an exchange-traded fund (ETF) that tracks the performance of the StrataQuant Financials Index. This index includes companies from the financial services sector that are selected using the AlphaDEX methodology. This methodology screens stocks based on fundamental growth and value factors, highlighting Freedom Holding's appeal as a company with significant growth potential and robust investment fundamentals. "We are pleased to see that Freedom Holding has attracted the attention of such institutional investors as First Trust. This is a confirmation that our strategy of sustainable growth, digital transformation and building a full-fledged financial ecosystem resonates with the professional investment community," commented CEO Timur Turlov. FRHC's inclusion in the fund indicates a high evaluation of the company's business momentum, especially given its ongoing development of a comprehensive financial ecosystem. In recent months, Freedom Holding has significantly expanded its product range, strengthened its market presence, and continued to transform its platforms digitally. These initiatives, alongside strong financial performance, have led to an enhanced investment rating and a more robust position within the S&P index. International credit rating agency S&P Global Ratings has recently revised the outlook on Freedom Holding Corp.'s core operating subsidiaries from 'Stable' to 'Positive,' while affirming their credit ratings at 'B+/B'. The revised outlook applied to Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC. The rating of the parent company, Freedom Holding Corp., was affirmed at 'B-' with a Stable outlook. The addition of FRHC to FXO's portfolio serves as further confirmation that Freedom Holding meets the stringent selection criteria of leading institutional investors and continues to solidify its position as one of the most promising players in the financial sector. The Stanford Graduate School of Business has included a case study on Freedom Holding Corp. in its academic curriculum- the first case of its kind from Central Asia to be studied at one of the world's leading universities. About Freedom Holding Corp. Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC). Contact Public Relations
Business Insider
07-07-2025
- Business
- Business Insider
From Almaty to Stanford: Freedom Holding becomes a global business case study
The Stanford Graduate School of Business has included a case study on Freedom Holding Corp., a financial services company founded by entrepreneur Timur Turlov, in its academic curriculum. This marks the first case of its kind from Central Asia to be studied at one of the world's leading universities. The case, titled 'Freedom Holding: Building an Ecosystem as a Path to Scale,' explores the transformation of a small brokerage firm into a digital ecosystem that today unites finance, insurance, payment solutions, telecommunications, and everyday online services. The company's central platform, the Freedom SuperApp, allows users to manage both their finances and daily lives in a single digital space. 'If you don't give the customer everything in one place, they'll go somewhere more convenient. We weren't just building a product — we were building an environment where people enjoy living,' said Timur Turlov, CEO of Freedom Holding. The story of Freedom Holding is not just a success story — it's described as 'a guide to survival and scaling in times of uncertainty.' Key themes explored in the study include: • Leading in the absence of formal rules • Building infrastructure from scratch • Growth through service integration • Strategic balance between competition and cooperation • The role of mission and values in strategic decision-making Today, Freedom Holding is considering multiple paths for future development — from strengthening its position in Kazakhstan to entering new markets in the Middle East, Southeast Asia, and Africa. The case was developed jointly by Stanford faculty and representatives of Freedom Holding, and is already being used in Stanford's course on platform strategy and digital transformation in emerging markets. 'This is a moment of pride not only for our team, but for the entire region. We've proven that big ideas can be born outside of New York and London — in places like Almaty or Astana,' Turlov said. About Freedom Holding Corp. Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC).
Yahoo
28-06-2025
- Business
- Yahoo
Freedom Holding Corp.: S&P Global Ratings Upgrades Outlook on Key Operating Subsidiaries to "Positive" on Strengthened Risk Management and Compliance
ALMATY, Kazakhstan, June 28, 2025 /PRNewswire/ -- International credit rating agency S&P Global Ratings has revised the outlook on Freedom Holding Corp.'s core operating subsidiaries from "Stable" to "Positive," while affirming their credit ratings at 'B+/B'. The revised outlook applies to Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC. The rating of the parent company, Freedom Holding Corp., was affirmed at 'B-' with a Stable outlook. Positive Outlook: recognition of systemic progress The revised outlook reflects Freedom Holding's significant achievements in consolidating and enhancing its risk management and compliance functions across the organization. Over the past two years, the group has implemented a centralized risk management policy, adopted unified risk appetite standards, established a compliance project management office, and expanded its oversight team to include 129 risk specialists and 162 compliance professionals operating across 22 jurisdictions. "We've come a long way — turning fragmented control functions into a unified, centralized system at the group level. This decision reflects the maturity of our governance model," commented CEO Timur Turlov. Focus on resilience: lower risk and balanced growth The holding's overall capitalization strengthened in fiscal year 2025. Its risk-adjusted capital (RAC) ratio rose from 11.6% to around 13%, supported by moderate balance sheet growth, a decline in economic and industry risks in Kazakhstan, and a resilient brokerage business. As of March 2025, Freedom Group serves around 5 million customers, including over 4.4 million financial clients, with its SuperApp becoming a key digital tool for users' day-to-day financial activities. Market leadership in Kazakhstan, growth in Europe S&P highlighted Freedom's continued leadership in Kazakhstan's retail brokerage sector, serving approximately 683,000 clients worldwide, of whom over 151,000 executed at least one trade in the last quarter of FY2025. The group is also expanding its presence in Europe, with 391,000 clients via its Cyprus-based subsidiary and offices in 10 EU countries. The holding company continues to invest in the telecom segment and maintains a sustainable business model supported by income from brokerage operations. About Freedom Holding Corp. Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC). Contact Public RelationsNatalia KharlashinaFreedom Holding Logo - View original content to download multimedia: SOURCE Freedom Holding Corp.
Yahoo
08-02-2025
- Business
- Yahoo
Freedom Holding Third Quarter 2025 Earnings: EPS: US$1.32 (vs US$1.65 in 3Q 2024)
Revenue: US$520.1m (up 109% from 3Q 2024). Net income: US$78.3m (down 19% from 3Q 2024). Profit margin: 15% (down from 39% in 3Q 2024). The decrease in margin was driven by higher expenses. EPS: US$1.32 (down from US$1.65 in 3Q 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Freedom Holding shares are up 12% from a week ago. We should say that we've discovered 2 warning signs for Freedom Holding that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
