Trade Republic is expanding into these countries

The fintech had recently been able to raise a lot of venture capital. Now the German start-up has decided in which regions it will additionally offer its service.

Berlin-based fintech Trade Republic is expanding into Europe. The startup, which boasts a valuation of €4.4 billion, is now launching its service in Spain, Italy and the Netherlands. The company made the announcement on Wednesday. Specifically, it will remove the existing waiting list in Spain and launch in the Netherlands and Italy.

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

Trade Republic itself writes that it intends to push ahead with the expansion with "vigour". Until N26's funding round, which has just gone public, it was the largest German fintech in the meantime, with a valuation of around €4.4 billion. The company made it big with a neobroker, which has been around since 2019. However, the company was already founded in 2015, at that time by Christian Hecker, Thomas Pischke and Marco Cancellieri. Initially only available as an app, the offer is now also available as a web app.


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