Trade Republic expands into eleven countries

The Berlin-based fintech is now available in 17 countries within the eurozone.

The European rollout of Trade Republic continues, as the start-up founded in Berlin in 2015 announced in a press release. The fintech's service will soon be available in eleven new countries, including the Baltic states, Slovakia and Slovenia, as well as Portugal, Ireland, Finland, Greece, Belgium and Luxembourg. Trade Republic is now available in 17 European countries, covering 340 million people.

Customers can use the Trade Republic app to invest in individual shares, ETFs, crypto, derivatives and, since the beginning of October, real fractional shares. Third-party fees are charged when an order is executed, but Trade Republic does not charge any other commissions. The founders see free ETF and share savings plans as the "heart" of their offering.

According to the founders, they have so far raised a total of 1.3 billion euros with this idea from Sequoia, Peter Thiel's Founders Fund and Ontario's Teacher's, among others. One of the co-founders believes that now is the right time to invest. "Inflation in the eurozone has risen sharply," says Christian Hecker. "This should be a wake-up call for all Europeans."