Trade Republic raises €62 million to help everyone invest via their mobile
Summary
In Accel and Founders Fund, Trade Republic gains two of the world’s most renowned technology investors, as it opens up investing in the capital markets for more people across Europe. This demonstrates how we are empowering people, whose needs haven’t been met by traditional banks, to put their money in the capital markets for the first time,” Christian Hecker continues. “Trade Republic’s team impressed us with its vision, beautiful product, strong traction, and clear potential to become the European leader for mobile smart investing. We are particularly excited about the strong focus on long-term savings and better access to the capital markets, which Trade Republic makes easier and more affordable,” says Luca Bocchio, Partner at Accel. Following the successful launch of its waiting list in Austria, the company plans to open up trading there in the next couple of months and then expand across Europe in the coming years.