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Berlin’s Trade Republic nabs $900m led by Sequoia at a $5b+ valuation to take its neobroker app across Europe

Germany based trading app raised $900m in Series C funding at a $5b valuation led by Sequoia Capital.

“It’s our ambition to be present across the entire Eurozone in the next four months,” he said in an interview with TechCrunch. That might logically start with the biggest markets in the region, which would mean Spain and Italy, followed by Benelux, Ireland and Finland. Hecker’s view is that what Trade Republic provides is a resource that everyone should be able to access. “It really hurts me to see that the those demographic or macroeconomic factors [that are impacting users in Germany, France and Austria] are basically burning all continental European countries. So I think that’s really, really important we launch in all of those nations.” The U.K. is also on the target list, he noted, but Brexit has definitely thrown a proverbial spanner into the works on sorting that one out.

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trading, europe