Funding round
Trade Republic Growth
Reported as "Growth Equity"
Trade Republic, which works in digital banking services in Berlin, raised $1.40B in a Growth round announced on 22 Dec 2025, led by Founders Fund, at a $14.70B post-money valuation. 12 firms took part, 5 of them already investors, with 1 individual investor. It is Trade Republic's fourth venture round on record; the one before was a Series C in May 2021.
$1.40B
Amount raised
1,200,000,000 EUR converted
$14.70B
Post-money valuation
$13.30B pre-money
12
Investors
1 lead
2.9x
Step-up from the Series C
$5.00B in May 2021
9.5%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Trade Republic at $14.70B after the new money, 2.9 times the $5.00B of its Series C (May 2021). The $1.40B bought investors about 9.5% of the company. It came 55 months after Trade Republic's Series C. It is 59% of the $2.38B Trade Republic has raised in the venture rounds on record. No later venture round is on record for Trade Republic.
Trade Republic's funding rounds
Trade Republic has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Founders Fund led the round with 11 other firms. Founders Fund, Sequoia Capital, Accel and Technology Crossover Ventures and 1 more had backed Trade Republic before.
Lead investor
- Founders Fund backs 368 venture-backed companies existing investor
Also in the round
- Wellington Management new investor
- GIC backs 98 venture-backed companies new investor
- Fidelity Management & Research Company new investor
- Khosla Ventures backs 396 venture-backed companies new investor
- Lingotto Innovation new investor
- backs 63 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies existing investor
- Accel backs 581 venture-backed companies existing investor
- Technology Crossover Ventures backs 86 venture-backed companies existing investor
- Thrive Capital backs 130 venture-backed companies existing investor
- Fidelity
Individual investors: Peter Thiel.
Comparable rounds
How it compares
9 Growth rounds in Financial Services within a year either side disclosed an amount; the median was $140M, and this round was 10 times the median. The closest in time, other companies' Growth rounds in Financial Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Financial Services | 15 Jan 2026 | $150M | not disclosed | not named |
| Ualá Financial Services | 4 Mar 2026 | $195M | $3.20B | Allianz X |
| Financial Services | 30 Jun 2026 | $49M | not disclosed | not named |
| Alpaca Financial Services | 16 Jul 2026 | $135M | not disclosed | Peak XV |
| Financial Services | 27 Aug 2026 | $74M | not disclosed | Bain Capital Tech Opportunities |
| Texas Stock Exchange Financial Services | 30 Sep 2026 | $430M | not disclosed | not named |
| ProducePay Financial Services | 1 Sep 2026 | $140M | not disclosed | Avenue Capital Group and Astanor |
| Financial Services | 5 Mar 2025 | $25M | $250M | Titanium Ventures |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Trade Republic raise in its Growth round?
Trade Republic raised $1.40B in its Growth round, announced in Dec 2025.
Who led Trade Republic's Growth round?
Founders Fund led it, with Wellington Management, GIC, Fidelity Management & Research Company, Khosla Ventures and Lingotto Innovation and 6 more.
What was Trade Republic's valuation at the Growth round?
$14.70B post-money ($13.30B pre-money).
How does it compare with other Growth rounds in Financial Services?
9 Growth rounds in Financial Services within a year either side disclosed an amount; the median was $140M, and this round was 10 times the median.