Ex-Merrill Bankerâs Trading App Valued at Over $5 Billion
May 20 2021, 7:11 PM
May 20 2021, 3:30 PM
May 20 2021, 7:11 PM
(Bloomberg) Broker app Trade Republic Bank GmbH, founded by former Merrill Lynch banker Christian Hecker, has become one of Germanyâs biggest fintech firms by valuation.
(Bloomberg) Broker app Trade Republic Bank GmbH, founded by former Merrill Lynch banker Christian Hecker, has become one of Germanyâs biggest fintech firms by valuation.
The Berlin-based company finished a $900 million financing round with investors including Sequoia, TCV, Thrive Capital, and Peter Thielâs Founders Fund, it said in a statement on Thursday. The round valued Trade Republic at more than $5 billion.