Freedom of growth: Freedom Holding achieved billion-dollar revenue in six months

On November 13, Freedom Holding Corp., founded by entrepreneur Timur Turlov, celebrates its 17th anniversary. During this time, the company has gone from a small brokerage startup that appeared in Moscow to an international technology holding company with a capitalization of about $10 billion and revenue of more than $1 billion in just six months.Timur Turlov started the business in 2008, when the Russian stock market was just recovering from the crisis. Freedom Finance became one of the first brokers to provide private investors with access to American stock exchanges. Later, the company entered the Kazakh market, where it received a banking license and gradually became the core of a large international ecosystem of Freedom Holding Corp. The latest achievements of the company can be found in the Izvestia article.

Freedom Holding: a point of reference

On November 8, 2025, Freedom Holding Corp. It has published financial results for the first half of fiscal year 2026, which ended on September 30. The company's revenue for the first two quarters exceeded $1.06 billion, and net profit reached $69.1 million. The number of clients of the holding grew to 6.2 million, and total assets — to $10.3 billion.

These figures consolidate the position of Freedom Holding Corp. It has the status of the largest public fintech group in Central Asia, whose shares have been traded on international exchanges for six years and are included in the portfolios of global investors such as BlackRock, Goldman Sachs and Morgan Stanley. CEO Timur Turlov emphasized that the company is currently in a phase of active transformation.

— We are creating an integrated technological ecosystem combining brokerage services, banking and insurance services, telecom and digital services. The investments we are making today are the foundation for future sustainable growth and efficiency," he emphasizes.

Future-defining deals

The autumn of 2025 has become symbolic for Freedom Holding. As part of the C5+1 summit in Washington, Freedom Holding announced cooperation with NVIDIA and OpenAI — agreements were signed with these giants that form the basis of a new technological era in Central Asia.

The first project is the creation of a National Artificial Intelligence Center worth $2 billion, which will be built in Kazakhstan on NVIDIA infrastructure with a capacity of up to 100 MW. This is the largest AI cluster in the region, where national and regional artificial intelligence models will be developed.

—We are creating a sovereign AI ecosystem that will strengthen the economy and boost the development of science and technology throughout Central Asia," Timur Turlov commented on the signing.

The second agreement is a partnership with OpenAI in the field of education. Freedom Finance will finance the purchase of 165 thousand ChatGPT Edu licenses for teachers in Kazakhstan. This will allow us to create personalized AI assistants for teachers and students, automate routine and improve the quality of education.

— We speak absolutely on equal terms with companies whose capitalization is tens and hundreds of times higher than ours, whose technologies influence what the future of our civilization will be like, how we will study, work and interact with each other. And this became possible due to the fact that Kazakhstan and its president are able to build a dialogue with the world in the same language," Timur Turlov emphasized.

From Fintech to technology holding

Over the past five years, Freedom Holding has evolved into a new type of ecosystem. Its core was Freedom Bank, which was the first in the region to implement ChatGPT directly into a banking application and introduced an AI voice assistant, voiced by Timur Turlov himself. The assistant is able to perform almost 50 banking operations and serves clients in Russian and Kazakh languages.

— We believe that ChatGPT and AI assistant should not be a premium feature, but a basic infrastructure. A modern bank is obliged to think and act faster than a human," Freedom Bank noted.

SuperApp, Media, and new services

The ecosystem continues to expand around Freedom SuperApp, an application that today unites more than 3 million active users. With it, you can manage investments, arrange insurance, buy tickets, watch movies, and even trade cryptocurrencies.

In the fall of 2025, the Freedom Media streaming service appeared in SuperApp, which became the world's first media project fully integrated into a banking application.

"We want the client to receive not just banking services, but the whole digital world — finance, content, communications — in one ecosystem,— says Turlov.

Thus, Freedom Finance is forming the "finance + lifestyle" model, which is becoming the standard of digital life in Kazakhstan and is scaling up to the markets of Central Asia.

Physical AI and next-generation robots

In 2025, Freedom Holding took another strategic step — partnered with China's Unitree Robotics to launch a robotics laboratory in Alma Ata. Drones, humanoids, and four-legged robots are being developed here for urban logistics, security, and maintenance systems.

"Kazakhstan should become a growth point for Physical AI, the embodied intelligence that connects software and hardware," emphasizes the executive director of Freedom Lifestyle (a division of Freedom Holding Corp.) Yerlan Yessimseitov.

Projects in robotics, telecommunications and digital education are combined into a single strategy: to make Kazakhstan a hub of the technological future, where science, business and innovation work in synergy.

The philosophy of growth

The success of the Freedom Finance path is based not only on new technologies, but also on the philosophy and vision formulated by Timur Turlov.:

1. Trust as a foundation. Transparency and open reporting are the main "currency" of business, Timur is sure. Freedom was the first fintech player in the region to adopt American data disclosure standards.
2. A product that cannot be replicated. Not price competition, but the creation of a unique customer experience — from a digital mortgage per day to movie streaming built into the application.
3. The horizon is in decades. The company is ready to invest in the project for decades, building the infrastructure of the future. Timur Turlov buys startups without chasing profits — he enhances the entire Freedom ecosystem with them.
4. Ecosystem as a way of survival. "Either you create your own ecosystem, or you become part of someone else's," Turlov's phrase has become the main principle for the entire team and for the development of the company in recent years.
5. Global scale. Freedom is already operating in 21 countries, launching its bank in Tajikistan, a broker in Turkey, expanding its leading office in Europe and preparing to scale to other markets.

Since its foundation in 2008, Freedom Holding has gone from a local broker to a public holding company with a capitalization of about $10 billion. Over the past 17 years, the company has gained incredible experience and changed the financial map of Central Asia, and over the past five years it has become a symbol of the region's technological breakthrough.

Today, Freedom Finance is no longer just a financial group, but an ecosystem of innovations that paves the way for Kazakhstan to become part of the global digital civilization.