Trade Republic Bolsters Shareholder Base with €1.2 Billion Round

Berlin-based Trade Republic has strengthened its shareholder base through a €1.2 billion secondary round. This round, led by key investors Founders Fund, Sequoia, and Accel, values the company at €12.5 billion. Notable new investors include Wellington, GIC, and Fidelity, alongside Lingotto Innovation and Aglaé, marking a significant expansion of Trade Republic's investor group.

Trade Republic, profitable for three years, doesn't seek new capital. Instead, they focus on their mission to bridge Europe’s pension gap. With over 10 million customers, 70% of whom are first-time investors, the platform’s growth underscores a shift towards retail investing in Europe.

Launched in 2019, Trade Republic has enabled easy access to capital markets, amassing €150 billion in assets. The firm achieved a full banking license from the ECB in 2023 and expanded to several European countries, reinforcing their strategic growth in the digital banking space.