Company Information

Get to know free2cycle - transforming wellbeing through cycling

free2cycle is a UK-based Community Interest Company (CIC) designed to promote physical and mental wellbeing, as well as positive environmental impact, through cycling. Its platform connects individuals (cyclists), sponsors (typically corporations), and good causes. Cyclists use the free2cycle app to track their mileage, and for every mile cycled, a sponsor contributes a set amount (e.g., 20p) into the cyclist's virtual wallet. These accumulated funds can then be donated to a chosen charity partner or used to purchase cycling equipment from retail partners. The mission is to create a self-sustaining ecosystem that encourages healthier lifestyles and greener transport, funded by corporate social responsibility and marketing budgets.

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free2cycle - transforming wellbeing through cycling

United Kingdom

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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