Berlin, December 18, 2025 – YPOG provided comprehensive legal advice to Trade Republic Bank GmbH in connection with a secondary round amounting to approximately EUR 1.2 billion. As part of this transaction, the company was valued at EUR 12.5 billion. On the investor side, the round was led by Founders Fund; new investors include Wellington Management, GIC, Fidelity Management & Research Company, Khosla Ventures, Lingotto Innovation, and Aglaé, the technology-focused investment firm of the Arnault family.
The transaction supports Trade Republic’s long-term strategy to build Europe’s leading digital savings platform. During the transaction, existing investors such as Founders Fund, Sequoia, Accel, TCV, and Thrive Capital increased their stakes, while early-stage investors sold shares to existing shareholders and new investors.
“Transactions of this scale can only be executed with advisors who are not only highly skilled but also hands-on and solution-oriented in their approach. YPOG fully met these expectations and supported us reliably and with great dedication, even under significant time pressure,” says David Becker, Head of General Legal at Trade Republic.
“We are pleased to have advised Trade Republic on this significant transaction, which further strengthens the company’s role in the European fintech landscape,” says Frederik Gärtner, partner at YPOG. “The funding round underscores the confidence that top international investors have in Trade Republic’s business model – particularly in light of the company’s mission to close Europe’s pension gap and support millions of people in building long-term wealth.”
About Trade Republic
Trade Republic is Europe’s largest savings platform that enables people to save and invest in in stocks, ETFs, bonds, crypto, private markets and derivatives. The company was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri with the mission to empower everyone to create wealth with easy, safe and free access to the financial system. Today Trade Republic is available to 380 million people in eighteen European countries and is backed by the world’s most renowned venture capital investors. In December 2023, Trade Republic received a full German banking licence from the ECB and is supervised by the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank.
Team
Dr. Frederik Gärtner (Lead, Transactions) Partner, Berlin
Sjard Seeger (Transactions), Associate, Berlin
Dr. Matthias Schatz (Corporate), Partner, Köln
Dr. Christoph Lüttenberg (Corporate), Senior Associate, Köln
Jörg Schrade (Tax), Partner, München
Contact
About us
YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard.
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog