Early Life and Career Development
Timur Turlov, born in 1987, discovered his passion for finance and markets early on. At just 16 years old, he began his career as a trader at World Capital Investments (WCI), where he gained invaluable experience navigating the complexities of financial trading.
Building on this foundation, Turlov joined Uniastrum Bank, where he was tasked with creating innovative systems to provide access to U.S. stock markets. His ability to bridge local systems with international markets marked the beginning of his journey as a financial innovator.
Founding Freedom Finance: A Transformational Vision
In 2008, during the global financial crisis, Timur Turlov established Freedom Finance to provide individual investors access to U.S. and European stock markets. At a time when many companies hesitated, Turlov’s bold strategy focused on empowering retail investors with tools previously available only to institutional players.
By 2012, he expanded operations into Kazakhstan, turning the company into a significant player in Central Asia’s financial market. Freedom Finance introduced:
- Access to global trading platforms for retail clients.
- Investment education to build a new culture of financial literacy.
- Advanced digital platforms that simplified trading and market access.
Freedom Holding Corp.: A Global Financial Ecosystem
In 2019, Turlov unified his businesses under Freedom Holding Corp., transforming the firm into a full-fledged global financial ecosystem. That same year, the company achieved a historic milestone, becoming the first CIS-based financial company to list on the NASDAQ stock exchange under the ticker FRHC.
With an initial share price of under $15, Freedom Holding’s valuation grew exponentially, surpassing $80 by 2024. Today, the company operates in 22 countries and serves over 5 million clients worldwide, solidifying its position as a key player in the financial industry.
Core Divisions of Freedom Holding Corp.
Freedom Bank: Innovating Digital Banking
Acquired and rebranded in 2024, Freedom Bank focuses on delivering innovative financial solutions. Key services include:
- Digital mortgages with streamlined application and approval processes.
- Online business loans to fuel small and medium enterprises.
- The Freedom SuperApp, offering users a single platform for loans, insurance, payments, and travel bookings.
Tradernet: A Platform for Modern Investors
The Tradernet platform empowers investors globally with its robust capabilities and AI-powered tools. Available in 16 languages, it offers:
- Real-time market analytics and investment tools.
- Issuer analysis and competitor benchmarking.
- Access to international stock exchanges for both beginners and professionals.
Freedom Pay: Simplifying Cross-Border Payments
Freedom Pay operates in Kazakhstan, Uzbekistan, and Kyrgyzstan, providing efficient and secure cross-border payment solutions for businesses and individuals, enhancing financial inclusivity and operational ease.
Freedom Life and Freedom Insurance: Reinventing Protection
Freedom Holding’s insurance arm delivers modern, digital-first solutions:
- Freedom Life: Leading in endowment insurance, offering long-term financial stability.
- Freedom Finance Insurance: Kazakhstan’s pioneering online car insurance platform via DTP.kz, ensuring quick claims and payment processes.
Freedom Telecom: Driving Connectivity Forward
Freedom Telecom leads digital infrastructure development in Kazakhstan, focusing on:
- High-speed 5G connectivity and broadband internet solutions.
- Cutting-edge WiFi 6E/7 services for businesses and residential use.
- Air-to-ground internet systems for improved flight connectivity.
By 2025, Freedom Telecom plans to roll out over 300,000 kilometers of fiber optic cables and launch the Freedom Media Platform for streaming and content production.
Lifestyle and Retail Services
Freedom Holding Corp. enhances everyday life through lifestyle and retail services, including:
- Arbuz.kz: A leading online grocery platform.
- Aviata: A reliable travel and flight booking service.
- Freedom Mobile: Retailer of electronics and smart devices.
- Freedom Drive: Solutions for vehicle owners.
Ticketon: A popular platform for booking events, entertainment, and cultural experiences.
Leave a Reply