Early investors in the Berlin-based group will sell €1.2bn in shares to investors including Thiel’s fund and Sequoia. The €12.5bn valuation puts Trade Republic ahead of defence technology group Helsing, which raised money in a fundraise led by Spotify founder Daniel Ek’s investment company in June at a €12bn valuation. Trade Republic was valued at about €5bn in its 2022 fund raise.
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Traderepublic hits €12.5bn valuation in deal backed by Peter Thiel
“This transaction underlines that the cultural shift to retail investing in Europe is only starting.”
