Trade Republic Moves Toward a €12 Billion Valuation
Hey Digital Banking Fanatic!
Trade Republic is taking a key step in Europe’s FinTech landscape as existing investors prepare to sell shares in a deal that would lift the company’s valuation above €12 billion.
Co-founder Christian Hecker is leading the process, with contracts reportedly close to final. If completed early next year, the move would position the Berlin-based FinTech as Germany’s most valuable start-up, surpassing defence-drone firm Helsing.
Trade Republic continues to push product expansion, with ten million users trading stocks, ETFs and crypto or managing banking features through the app.
The company has been rolling out new offerings at a pace, from private equity access to a crypto wallet, reinforcing its position in Europe’s retail investing market.
Earlier this year, the company hit a major operational milestone, reaching €100 billion in assets and doubling its user base to 8 million, as reported.
Stay tuned! I’ll be back in your inbox tomorrow with more updates shaping the Future of Banking.
Cheers,
Marcel
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NEWS
🇩🇪 Trade Republic is on its way to becoming a 12 billion euro company. Trade Republic founder Christian Hecker is working on the deal of his life: Existing investors are to be allowed to sell shares in the neobroker, which would make the company the most valuable German start-up.
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