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HomeFinTechGerman Online Broker Trade Republic Receives €250 Million

German Online Broker Trade Republic Receives €250 Million

Just over a year since raising $900 million in a Sequoia-led round, Berlin’s Trade Republic (www.traderepublic.com) secured another €250 million in a Series C extension at a valuation of €5 billion. The round was led by Ontario Teachers’, one of the world’s largest pension funds and institutional investors, along with the participation of existing investors. The German FinTech was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri.

“With Ontario Teachers’, one of the leading global pension funds, joins us on our mission to support people to participate in the long-term growth of the economy,” says Christian Hecker, Co-Founder of Trade Republic. “We are amid a transformation of pension systems in Europe. The financing will help us to invest strongly into product innovation to empower millions of Europeans to put their money to work. Improving our valuation in the light of the current market environment is a true testament to our progress in the last twelve months and the large potential ahead.


However, how Trade Republic is doing is difficult to judge from the outside; the startup does not like to communicate its figures. However, the Duesseldorf-based exchange operator Lang & Schwarz, through which the Trade Republic executes its trading, has presented business figures for 2021 (Finance Forward reported in February). From this, it can be seen that traction seems to be intact at the online broker – in contrast to competitors.

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