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Announced

Completed

Sequoia Capital and Ontario Teachers' Pension Plan led a €1.09bn Series C round in Trade Republic Bank.

Financials

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Transaction Value£897m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Single Bidder

Germany

Software

Venture Capital

Private Equity

Private

Completed

Minority

Cross Border

software solutions

FinTech

fintech

trading platform

brokerage company

Synopsis

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Sequoia Capital and Ontario Teachers' Pension Plan led a €1.09bn Series C round in Trade Republic Bank, a fintech firm. The round had participation from Thrive Capital, Founders Fund Accel, Founders Fund, Creandum and Project A. “Don’t really box this company into one of those ready for an exit, it is a very young company that has a lot to do before thinking about anything. In a way monetization, it is not yet the most important variable I would consider,” Luca Bocchio, Trade Republic Board Member.

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