Trade Republic is a digital financial platform that enables users to invest in stocks, ETFs, and cryptocurrencies starting from just €1, while earning 3.25% interest on unlimited cash balances. The platform eliminates hidden fees and offers a subscription-free card that provides 1% Saveback on spending, addressing the need for accessible and cost-effective investment solutions in Europe.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
OTFounders
Product
Problem
Traditional investment platforms often have high fees, complex interfaces, and limited access to diverse asset classes, deterring new investors and hindering wealth accumulation. Many platforms also lack integrated banking features, requiring users to manage their finances across multiple apps.
Solution
Trade Republic is a mobile-first platform that simplifies investing, spending, and banking, offering access to stocks, ETFs, bonds, crypto, and derivatives with trades starting at just €1. Users earn 3.25% interest on uninvested cash balances and can spend with a subscription-free card that provides 1% "Saveback" on purchases, which is reinvested. The platform aims to lower barriers to entry for investing by providing a user-friendly interface, educational resources, and commission-free savings plans. Trade Republic is a fully licensed German bank, ensuring regulatory compliance and deposit protection.
Target Audience
The primary target audience includes new and experienced investors in Europe seeking a low-cost, user-friendly platform to manage their investments, spending, and banking in one place.
Features
- Investment in stocks, ETFs, bonds, crypto, and derivatives starting from €1
- 3.25% annual interest on uninvested cash balances, accrued daily and paid monthly
- Subscription-free card with 1% "Saveback" on spending, automatically reinvested
- Commission-free ETF and stock savings plans for automated, long-term investing
- Access to derivatives trading with partners like HSBC, Société Générale, Vontobel, and UBS
- Virtual, classic, and mirror card options with no transaction fees or ATM withdrawal fees above €100
- Cash deposits protected up to €100,000 per account through partner banks (Deutsche Bank, J.P. Morgan, HSBC, Citibank)
- Regulated by the German Federal Financial Supervisory Authority (BaFin) and authorized by the European Central Bank