Timur Turlov

Timur Turlov is a Kazakhstani entrepreneur and investor, founder of the international financial group FREEDOM HOLDING CORP., which has a significant influence on the development of financial markets and digital services in the CIS and Eastern Europe. After receiving an education in economics, he began his career in the investment business in the early 2000s. In 2008, Timur Turlov founded Freedom Finance, which became the basis for FREEDOM HOLDING. From the outset, Turlov's goal was to create not just a brokerage platform, but a large-scale, technology-driven ecosystem of financial and service products.

Growth of the holding company and scope of activities

Under the leadership of Timur Turlov, FREEDOM HOLDING has grown into an international conglomerate with a unified ecosystem of services under the Freedom brand. The number of customers exceeds 6 million, and the holding company operates in more than 20 countries in Europe, North America, the Middle East, and Central Asia. At the same time, special attention is paid to the development of digital services that make customers' lives more convenient and diverse.

One of the holding's key projects is Freedom Ticketon, a leading online platform for selling tickets to concerts, sporting and cultural events in Kazakhstan and beyond. Freedom Ticketon provides convenient access to events, stimulates the development of the cultural sphere, and expands interaction with customers of the Freedom ecosystem. This service occupies a leading position in the ticket market, actively implements modern technologies, and works to create a unique user experience.

The classic brokerage business Freedom Finance, created by Timur Turlov, became a powerful foundation for the holding's growth, but it is the integration of services such as Freedom Ticketon that demonstrates the company's commitment to diversification and comprehensive development.

The holding's portfolio of services also includes:

• banking;
• insurance companies;
• online payment services;
• lifestyle projects;
• telecom operator and other areas.

Since 2024, all services have been combined into a single super app for citizens of Kazakhstan, where Freedom Ticketon occupies an important place in the field of entertainment and leisure.

Listing on Nasdaq and financial indicators

A key milestone in FREEDOM HOLDING's development was the listing of its shares on the US Nasdaq stock exchange (ticker FRHC) in October 2019. In 5.5 years, the value of the securities has grown tenfold, significantly outperforming the broad US market. By mid-2025, the holding's capitalization will exceed $10 billion. FREEDOM HOLDING shares are included in indices such as the Russell 3000, MSCI U.S. Small Cap 1750, MSCI U.S. Investable Market 2500, and AIX Qazaq Index.

Timur Turlov's business philosophy focuses on building a strong team, implementing innovations, and expanding internationally. The holding's companies are constantly creating new products that become industry standards. For example, Freedom Bank has become a leader in the mortgage lending market within the framework of state programs thanks to its «Digital Mortgage» product.

FREEDOM HOLDING CORP. continues to expand its international presence, planning to open brokerage offices in Turkey and the UAE, as well as a Freedom Bank office in Tajikistan. For Turlov, international expansion is the key to competing with global multinational corporations. The holding company employs more than 8,000 people. The company pays great attention to the development of young talent, regularly holding selection competitions among graduates of Kazakhstani universities.

Social and charitable activities

Timur Turlov and his holding company are known for their large-scale social and charitable activities. The corporate fund accumulates funds to support various projects, including:

• sponsorship of national sports;
• since 2023, Timur Turlov has headed the Kazakhstan Chess Federation;
• he is a member of the executive committee of the Football Federation;
• the Freedom QJ League youth football league has been created;
• the first world chess championship under the auspices of FIDE was held in Astana;
• He received the «Uzdik» award and the «Qurmet» order for his contribution to sport.

In addition to sports, the holding company finances the construction of the SDU University campus, the IQanat school building in Borovoye, a pumping station in Aktau, and projects to restore the Aral Sea biosphere. In early 2024, on the initiative of Timur Turlov, the online educational magazine Qalam was launched, dedicated to the history and culture of Kazakhstan and the peoples of Central Asia.

Timur Turlov continues to develop the business and strengthen the international position of FREEDOM HOLDING CORP., while making a significant contribution to the social development of the country and creating a comprehensive ecosystem that combines financial services, culture, sports, and education.