Timur Turlov: Architect of Financial Progress and Technological Integration

Timur Turlov, born in 1987, began his journey into finance at the young age of 16, working as a trader at World Capital Investments (WCI). Immersed in the complexities of stock trading, he gained vital experience in managing financial markets and client portfolios, which shaped his vision for financial inclusivity.

His career evolved when he joined Uniastrum Bank, where he developed infrastructure that enabled access to U.S. stock exchanges for the bank’s clients. This role demonstrated his capacity for bridging local markets with global investment opportunities, planting the seeds for his future success as an entrepreneur.

Foundation of Freedom Finance: Unlocking New Investment Horizons

In 2008, amid the challenges of the global financial crisis, Timur Turlov founded Freedom Finance. His goal was to empower retail investors by providing access to U.S. and European stock markets, an opportunity that was previously unavailable to many investors in post-Soviet countries.

By 2012, Turlov expanded the company into Kazakhstan, a strategic move that transformed Freedom Finance into a leading financial platform in Central Asia. Key offerings included:

• Direct access to global stock exchanges.
• User-friendly platforms for trading and portfolio management.
• Educational programs to promote financial literacy and investor confidence.

Creation of Freedom Holding Corp.: A Unified Vision

In 2019, Timur Turlov brought all of his ventures under a single umbrella—Freedom Holding Corp. The company marked a significant achievement by becoming the first CIS-based financial institution to list on the NASDAQ stock exchange under the ticker FRHC.

The listing was a turning point, with shares growing from under $15 to over $80 by 2024, reflecting investor trust, operational efficiency, and consistent growth. Today, Freedom Holding Corp. operates in 22 countries, serving over 5 million clients worldwide.

Core Divisions of Freedom Holding

Freedom Bank: Revolutionizing Digital Banking

Launched in 2024, Freedom Bank has redefined modern banking with its innovative services:

• Digital mortgages that simplify homeownership processes.
• Online business loans tailored for SMEs to accelerate growth.
• The Freedom SuperApp, a multifunctional digital platform integrating banking, insurance, and payment services.

Tradernet: A Cutting-Edge Investment Platform

Freedom Holding’s Tradernet platform enables global investors to trade effortlessly across markets. Supporting 16 languages, the platform offers:

• AI-driven analytics for real-time issuer evaluation and market tracking.
• Access to U.S., European, and Asian stock exchanges.
• Tools for portfolio optimization, trend analysis, and informed decision-making.

Freedom Pay: Efficient Cross-Border Transactions

Operating across Kazakhstan, Uzbekistan, and Kyrgyzstan, Freedom Pay facilitates seamless cross-border and local transactions for individuals and businesses. Its secure and scalable solutions simplify financial operations in emerging markets.

Freedom Insurance and Freedom Life: Modern Protection Solutions

The insurance division of Freedom Holding provides innovative, technology-based financial protection:

• Freedom Life: Focused on endowment insurance and financial planning solutions.
• Freedom Finance Insurance: Kazakhstan’s first digital car insurance platform, offering quick policy issuance and instant claims processing via DTP.kz.

Freedom Telecom: Bridging the Connectivity Gap

Freedom Telecom is advancing Kazakhstan’s digital infrastructure by delivering:

• 5G networks and high-speed broadband for individuals and enterprises.
• Next-generation WiFi 6E/7 solutions for residential and corporate use.
• Air-to-ground internet for enhanced in-flight connectivity.

By 2025, Freedom Telecom plans to deploy 300,000 kilometers of fiber optic cables and launch the Freedom Media Platform, a new platform for content creation and streaming.

Lifestyle and Retail: Enhancing Everyday Convenience

Freedom Holding extends its presence into the consumer market with practical, user-oriented services:

• Arbuz.kz: A leading online grocery delivery service.
• Aviata: A trusted travel and flight booking platform.
• Freedom Mobile: Offering electronics and mobile devices.
• Freedom Drive: Services and products tailored for car owners.
• Ticketon: A digital platform for booking cultural, entertainment, and sports events.

Financial Achievements and Global Recognition

Under Timur Turlov’s leadership, Freedom Holding Corp. has experienced exponential growth, achieving a market capitalization of nearly $5 billion by 2024.

His personal recognition includes:

• Entering the Forbes list in 2021 with a net worth of $2.1 billion.
• By 2024, growing his wealth to $3.3 billion, placing him at 991st among the world’s wealthiest individuals.

Turlov’s 71% ownership stake in Freedom Holding ensures his central role in driving innovation and global expansion.