German wealthtech Trade Republic lands full EU banking licence from the ECB
The new licence means the firm can now offer essential banking services such as deposits and lending.
The new licence means the firm can now offer essential banking services such as deposits and lending.
The extension round is based on a post-money valuation uplift to €5 billion from €4.4 billion.
German trading app aims for a roll-out across the euro zone.
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
It claims to be the first to bring consumers the service for free.
Some trading apps see their future in the saving market.
German firm secures one of the largest Series B funding rounds the region has ever seen.