Tag: Trade Republic
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N26 Lets Go About 70 Employees To Achieve Profitability In 2024!
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In 2024, Berlin-based Neobank finally wants to be in the black. To achieve this ambitious goal, costs must be reduced. Therefore, the fintech company of Austrian founders Maximilian Tayenthal and Valentin Stalf announced today that about 70 employees would have to leave, corresponding to about 4% of the workforce.
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Premium Salaries: How Much Trade Republic Pays Its Employees!
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Expect a lot and pay well: The Berlin fintech mainly looks for techies. With seven years of professional experience or more, they can expect a six-figure salary. Certainly, Trade Republic also laid off numerous employees last year but still hires promising people. The startup, founded in 2015 by Christian Hecker, Thomas…
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German Trade Republic Triples Revenues And Losses!
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The fintech unicorn Trade Republic published its 2021 numbers. It has generated revenues of just under €100 million with €35 million losses. The broker app Trade Republic is currently valued at over five billion euros. The fintech allows users to trade stocks and cryptocurrencies. For each order, the startup charges…
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The German Trade Republic Joins The Layoff Train!
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Just a week ago, the German online trading unicorn Trade Republic raised another €250 million in Series C funding in a depressed market environment. Now, Trade Republic announced layoffs, the German online Business Insider reports. According to the company, more than 700 people were last employed by the Berlin-based startup.…
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German Online Broker Trade Republic Receives €250 Million
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Just over a year since raising $900 million in a Sequoia-led round, Berlin’s Trade Republic 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…