Trade Republic, shareholder reorganisation: Exor and Arnault join. Now worth 12 billion

New partners are on the way for Trade Republic. The digital bank created in Germany has completed a EUR 1.2 billion secondary round to support its long-term growth plan to build Europe's leading digital banking and savings platform. The transaction, which values the company at EUR 12.5 billion, was led by existing shareholders such as Founders Fund, Sequoia, Accel, Tcv and Thrive who acquired stakes from early shareholders.

At their side new major long-term investors, including Fidelity, Wellington, Gic, Khosla Ventures, but also the family officeEuropean Aglaé of the Arnault family and Lingotto Innovation, the strategy of the investment management company controlled by Exor.

"In the last 18 months we have doubled our client base to over 10 million people managing EUR 150 billion in assets," explained Christian Hecker, co-founder of Trade Republic. adding that "this operation shows that the cultural shift towards retail investing in Europe is only just beginning, especially now that governments such as Germany are initiating significant pension reforms, encouraging wider adoption of equity instruments."

The company's performance has been particularly strong in recent years, with steady growth since its launch in 2019 that now makes it profitable for the third year in a row and such that it does not need new capital. "We are partnering with Trade Republic because we recognise that it is transforming the way an entire generation of Europeans thinks about their finances over the long term," stressed Morgan Samet, Managing Partner & Co-Head of Lingotto Innovation Strategy, before adding that "building a more robust savings and investment system in Europe is one of the most relevant challenges of our time and Trade Republic has the skills and vision to successfully tackle it."

Trade Republic had previously raised over EUR 1 billion in primary capital during its funding rounds and obtained a full banking licence from the European Central Bank in 2023. In 2025, the company localised its offering in France, Spain, the Netherlands, Austria and Italy, where it obtained a national Iban and the possibility to act as a tax substitute through the introduction of the administered regime. It recently introduced securities accounts for minors and expanded its product offering to include new asset classes such as private markets, fixed income and a crypto wallet.