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 – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 180 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Cologne, Hamburg, Munich, Cambridge and London.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog