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Trade Republic launches in Italy and the Netherlands

According to Trade Republic, it already has more than one million customers. The fintech is now expanding into two more countries.

Sophie Deistler · Stuttgart, 17. December 2021

Trade Republic launches in Italy and the Netherlands — Die Trade Republic-Gründer Marco Cancellieri, Christian Hecker und Thomas Pischke. (Foto: Trade Republic)

According to Trade Republic, it already has more than one million customers. Now the fintech is expanding into two more countries.

Trade Republic is continuing to expand in Europe: the online broker is now also launching in Italy and the Netherlands. The start-up announced the move back in October(we reported).

Trade Republic is now represented in six European countries. Following the launch of the trading app in Germany at the beginning of 2019, the company entered the Austrian market at the end of 2020. Trade Republic launched in France at the beginning of this year, followed by Spain in October. According to the company, the European expansion is progressing faster than planned. In total, Trade Republic has acquired over one million customers in the last three years, it says.

Christian Hecker, Thomas Pischke and Marco Cancellieri founded Trade Republic in 2015. The start-up offers a neobroker that allows users to invest in shares, ETFs and cryptocurrencies and create savings plans without commission. In May of this year, Trade Republic received 900 million US dollars from investors such as Sequoia, TCV, Thrive Capital, Accel, Creandum, Founders Fund and Project A(we reported).

Christian Hecker Marco Cancellieri Thomas Pischke Trade Republic

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Startup 2017 Berlin Trade Republic Platform for commission-free trading of shares, ETFs and derivatives.

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