Trade Republic is expanding into these countries

The fintech was recently able to raise a lot of venture capital. The German start-up has now decided in which regions it will also offer its service.

The Berlin-based fintech Trade Republic is expanding in Europe. The start-up, which has a valuation of 4.4 billion euros, is now launching its service in Spain, Italy and the Netherlands. The company announced this on Wednesday. Specifically, the existing waiting list in Spain will be lifted and launched in the Netherlands and Italy.

According to Trade Republic, it currently has "well over" one million customers in Germany, Austria and France. The expansion is intended to drive the start-up into new spheres and also further increase the customer assets under management of around six billion euros. Further markets are to follow in the coming year.

According to Trade Republic itself, the company intends to press ahead with its expansion with "vigor". Until N26's financing round, which has just become public, it was the largest German fintech with a valuation of around 4.4 billion euros. The company grew with a neobroker, which has been around since 2019. However, the company was founded back in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri. Initially only available as an app, the offering is now also available as a web app.