Early Life and Education

Timur Turlov, born in 1987, embarked on his career in finance at the age of 16. Despite his youth, his early exposure to global markets as a trader at World Capital Investments (WCI) shaped his understanding of investment strategies. Seeking further development, Turlov joined Uniastrum Bank, where he contributed to the creation of infrastructure that enabled clients to access the U.S. stock market.

Armed with a degree in economics and hands-on experience in banking and trading, Turlov demonstrated the analytical skills and entrepreneurial drive that would later define his success.

Founding Freedom Finance and Its Evolution

In 2008, Timur Turlov founded Freedom Finance, a brokerage firm providing access to U.S. stock exchanges. His decision to enter the market during a global financial crisis underscored his ability to identify opportunities amidst challenges.

In 2012, Turlov expanded Freedom Finance’s operations into Kazakhstan, a strategic move that marked the company’s transformation into a financial ecosystem. The Kazakh market became a hub for innovation, including online trading platforms, banking services, and access to European stock markets.

By 2019, Turlov consolidated his ventures into Freedom Holding Corp. The company made history by listing on NASDAQ under the ticker FRHC, becoming the first CIS-based financial institution to achieve such recognition. The initial share price, set at less than $15, surged to over $80 by 2024, reflecting investor confidence and Freedom’s strong global positioning.

Freedom Holding Corp.: Global Expansion and Key Divisions

Under Timur Turlov’s leadership, Freedom Holding Corp. has grown into a financial powerhouse, operating in 22 countries and serving more than 5 million customers worldwide. Its dynamic ecosystem integrates advanced technology, financial services, and customer-centric solutions across several divisions:

Freedom Bank

Freedom Bank, acquired in 2024, has become a leader in digital banking innovation. Its key services include:

• Digital mortgages for fast property financing.
• Online business loans tailored for entrepreneurs.
• The Freedom SuperApp, a multi-functional financial platform for loans, insurance, and travel booking.

Tradernet: Smart Investment Solutions

Freedom’s proprietary platform, Tradernet, has revolutionized trading. Available in 16 languages, it uses AI-powered tools for issuer analysis, market benchmarking, and global financial news evaluation, empowering investors with data-driven insights.

Freedom Pay

Operating across Central Asia, Freedom Pay offers businesses a robust cross-border payment solution to enhance sales and improve customer experiences.

Freedom Insurance and Freedom Life

The company has disrupted the insurance market with innovative products:

• Freedom Life: A top choice for endowment insurance.
• Freedom Finance Insurance: Kazakhstan’s first online car insurance payment system through DTP.kz, streamlining claims and transactions.

Freedom Telecom

With a focus on connectivity and technology, Freedom Telecom is at the forefront of digital infrastructure development. Its services include:

• Broadband internet and next-generation 5G connectivity.
• Advanced WiFi 6E/7 technologies for individuals and businesses.
• Air-to-ground internet services for flights within Kazakhstan.

By 2025, the company aims to deploy over 300,000 kilometers of fiber optic cables and launch the Freedom Media Platform, offering content creation and streaming services.

Lifestyle and Retail

Freedom Holding’s ecosystem extends beyond finance into lifestyle and retail sectors, offering:

• Arbuz.kz: An online supermarket for everyday needs.
• Aviata: A popular travel booking platform.
• Freedom Mobile: Electronics and technology retail.
• Freedom Drive: Services for automobile owners.

Ticketon: An event and entertainment ticketing platform.