Trade Republic Revenue and Competitors

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Berlin, Germany

Location

#919

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Trade Republic's estimated annual revenue is currently $160.8M per year.(i)
  • Trade Republic's estimated revenue per employee is $185,900
  • Trade Republic's total funding is $995.5M.
  • Trade Republic's current valuation is $5.3B.

Employee Data

  • Trade Republic has 865 Employees.(i)
  • Trade Republic grew their employee count by 134% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$100.8M384-8%N/AN/A
#2
$572.6M314640%N/AN/A
#3
$65.3M40279%€266M$1.4B
#4
$1770M552684%$5.6B$12.7B
#5
$43.2M2710%N/AN/A

The Trade Republic Bank is Germany?s first mobile-only and commission-free broker. Users only pay a fee of 1 euro per transaction for the external settlement. Besides that, Trade Republic is the first broker in Germany to offer its customers the long-term offer of zero-fee saving with more than 300 ETFs, starting with a minimum of 25 euros ? only the customary product costs apply. The Trade Republic app provides a fast, mobile account opening, intuitive search and filter functions, a personal timeline as well as extended trading hours from 7:30 am to 11 pm. Derivatives can be traded from 8 am to 10 pm on trading days. Trade Republic customers can trade more than 7,300 German and international stocks, about 500 ETFs on indexes, commodities and currencies as well as 40,000 derivatives ? commission-free. Stock price quality of stocks and ETFs is supervised by the Hamburg Stock Exchange. Spreads are bound to the reference market XETRA (Deutsche Börse) if applicable. With is cutting-edge technology, Trade Republic realizes cost advantages and passes them on to its customers: no commission fee, no account fee, no negative interest rates. Trade Republic cooperates with renowned partners, such as HSBC and solarisBank. Trade Republic holds a German banking license and is supervised by the Bundesbank as well as the BaFin (Federal Financial Supervisory Authority). The Berlin-based company was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri. In 2017, sino AG joined Trade Republic as a strategic investor. As the first German broker, Trade Republic started introducing mobile-only and permanently commission-free stock trading in January 2019. Following its successful market launch, the company was able to raise more than 10 million euros in a Series A round of financing in July 2019 and attracted two of Europe?s leading venture capital investors, Creandum and Project A.

keywords:N/A

$995.5M

Total Funding

865

Number of Employees

$160.8M

Revenue (est)

134%

Employee Growth %

$5.3B

Valuation

N/A

Accelerator

Trade Republic News

2022-04-17 - Deebo Samuel trade odds for San Francisco 49ers include Arizona Cardinals

Deebo Samuel trade odds for San Francisco 49ers include Arizona Cardinals. Jeremy Cluff. Arizona Republic. View Comments.

2022-04-17 - Trade Republic cooperating with Deutsche Bank and Citibank

In addition to partners such as HSBC and Solarisbank, Trade Republic is now including Citi and Deutsche Bank in their partner network.

2022-04-17 - Best Penny Stocks, How To Buy & Strategies for Beginners

Another strategy that can be effective in volatile markets is known as long term trading. This involves finding penny stocks that could have...

2021-05-21 - German Robinhood rival Trade Republic raises $900M at a valuation of $5B+ from Sequoia, Accel, TCV, others

Berlin-based fintech firm Trade Republic, a mobile-only and commission-free broker for investment, has announced that it has raised $900M (approx €736.8M) in its Series C round of funding led by Sequoia Capital. This investment marks one of Sequoia’s largest initial investments ever in Europe. ...

2021-05-21 - Trade Republic tops $5B valuation with Series C

German neobroker Trade Republic has raised $900 million in a round led by Sequoia, valuing the company at over $5 billion. The Series C makes Trade Republic one of the most valuable fintech companies in Europe, behind major players such as Klarna, Checkout.com and eToro. The funding is a signif ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$419.3M89434%$340M
#2
$824.5M92717%N/A
#3
N/A94326%N/A
#4
$334.4M971-6%N/A
#5
$227.1M98387%N/A