Top
image credit: Pexels

German wealthtech Trade Republic lands full EU banking licence from the ECB

December 7, 2023

The Berlin-based firm, which describes itself as “Europe’s largest savings platform”, can now offer essential banking services such as deposits and lending as it looks to expand its product offering for customers across the continent.

Founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri, Trade Republic’s app enables users to trade and invest in bonds, derivatives and crypto and provides access to fractional stock and ETF savings plans.

The company currently has more than two million customers across 17 European markets.

Read More on FinTech Futures