Berlin – While working at SMP, members of the YPOG team advised early-stage investor and operating VC Project A on its Series C investment in FinTech Trade Republic. The funding round for Europe's leading mobile broker has a total size of $900 million and was led by Sequoia. In addition to Sequoia and Project A, TCV and Thrive Capital also participated, as well as other existing investors Accel, Founders Fund and Creandum.
By its own account, Trade Republic is valued at more than five billion dollars after this further round of financing. The Berlin-based company of Christian Hecker, Thomas Pischke and Marco Cancellieri thus advances to become the most valuable startup in Germany and is also among the top 10 in all of Europe. Just over a year after its Series B financing round, Trade Republic thus also achieves one of the largest venture investments of a FinTech worldwide. With the new capital, the company intends to drive its expansion in Europe, the expansion of its product portfolio and the acquisition of the best talent. Only recently, Trade Republic had already strengthened its team for this purpose with additional top managers who bring experience from well-known tech companies such as Netflix, Facebook or Klarna.
At the same time, the team is also pleased about the cooperation with Trade Republic itself, which has already grown over a long period of time. The law firm's specialists regularly advise Trade Republic on specific corporate and regulatory issues.
Advisors Project A:
Dr. Fabian Euhus (Funds), Partner
Dr. Benjamin Ullrich (Corporate), Partner
Dr. Saskia Bong (Funds), Associate
Advisors Trade Republic:
Dr. Frederik Gärtner (Corporate/FinTech), Associated Partner
Dr. Matthias Schatz (Corporate), Partner
Lennart Lorenz (Regulatory), Partner
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
