🏆 Deal of the Week · CW 20/2021
Trade Republic raised USD 900 million in a Series C round in May 2021, at a valuation exceeding USD 5 billion. The round was led by Sequoia, marking one of the largest European fintech raises of that year. The deal earned Venionaire DealMatrix's Deal of the Week recognition for KW 20/2021.
Trade Republic — key deal facts
| Company | Trade Republic |
| Founded | 2015 |
| Headquarters | Berlin, Germany |
| Amount raised | USD 900M |
| Valuation | USD 5+ Billion |
| Round | Series C |
| Investors | Sequoia (https://www.sequoiacap.com/) TCV (https://www.tcv.com/) Thrive Capital (https://thrivecap.com/) Accel (https://www.accel.com/) Founders Fund (https://foundersfund.com/) Creandum (https://www.creandum.com/) Project A (https://www.project-a.com/) |
| Sectors | FinTech |
Who invested in Trade Republic?
The round drew participation from Sequoia, TCV, Thrive Capital, Accel, Founders Fund, Creandum, and Project A. The syndicate spans leading US growth investors alongside specialist European venture firms, reflecting broad institutional conviction in Trade Republic's pan-European expansion thesis. The presence of Founders Fund alongside Sequoia and Thrive Capital signals particularly strong interest from top-tier US technology investors in the European retail investing space.
What does Trade Republic do?
Trade Republic is a Berlin-headquartered neobroker and savings platform founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri. The company offers commission-free trading in stocks, ETFs, bonds, derivatives, and cryptocurrencies through a mobile-first app, alongside fractional investing and automated savings plans. Its product suite also includes a cash balance earning 3.75% interest and a 1% saveback card, positioning it as a broader personal finance platform beyond pure brokerage. As of 2025, Trade Republic reports over 8 million users across 17 European countries and EUR 100 billion in assets under management.
Trade Republic valuation & multiples
No existing multiples figures were provided for this deal. For context on how fintech platforms at comparable scale are valued on an EV/Sales or EV/EBITDA basis, visit the Venionaire DealMatrix FinTech sector multiples pages.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Trade Republic raise in its Series C?
Trade Republic raised USD 900 million in its Series C round in May 2021.
What is Trade Republic's valuation?
Trade Republic was valued at over USD 5 billion at the time of its Series C in May 2021.
Who invested in Trade Republic?
The Series C was led by Sequoia, with participation from TCV, Thrive Capital, Accel, Founders Fund, Creandum, and Project A.
When was Trade Republic founded and where is it based?
Trade Republic was founded in 2015 and is headquartered in Berlin, Germany.
Source: original announcement — read the full report.