YPOG advises Trade Republic on € 1.2 billion secondary round

Berlin — YPOG has provi­ded compre­hen­sive legal advice to Trade Repu­blic Bank GmbH in a secon­dary round of around EUR 1.2 billion, valuing the company at EUR 12.5 billion. The tran­sac­tion was led by Foun­ders Fund; new inves­tors include Welling­ton Manage­ment, GIC, Fide­lity Manage­ment & Rese­arch Company, Khosla Ventures, Lingotto Inno­va­tion and Aglaé, the tech­­no­­logy-orien­­ted invest­ment firm of the Arnault family. 

The tran­sac­tion supports Trade Repu­blic’s long-term stra­tegy to build Euro­pe’s leading digi­tal savings plat­form. As part of the tran­sac­tion, exis­ting inves­tors such as Foun­ders Fund, Sequoia, Accel, TCV and Thrive Capi­tal are incre­asing their stakes, while early-stage inves­tors are selling shares to exis­ting share­hol­ders and new investors. 

“Tran­sac­tions of this size can only be imple­men­ted with advi­sors who are strong in their field and at the same time hands-on and solu­­tion-orien­­ted. YPOG fully met these expec­ta­ti­ons and provi­ded us with relia­ble and commit­ted support even under great time pres­sure,” says David Becker, Head of Gene­ral Legal at Trade Republic.

“We are deligh­ted 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 round under­lines the confi­dence of top inter­na­tio­nal inves­tors in Trade Repu­blic’s busi­ness model — espe­ci­ally in light of the company’s mission to close Euro­pe’s pension gap and help milli­ons of people build long-term wealth.” 

About Trade Republic

Trade Repu­blic is Euro­pe’s largest savings plat­form that enables people to save and invest in shares, ETFs, bonds, deri­va­ti­ves and cryp­to­cur­ren­cies. The company was foun­ded in 2015 by Chris­tian Hecker, Thomas Pischke and Marco Cancel­lieri — with the mission to enable ever­yone to build wealth by provi­ding simple, secure and free access to the finan­cial system. Today, Trade Repu­blic is available to 340 million people in seven­teen Euro­pean count­ries and is backed by some of the worl­d’s most renow­ned venture capi­ta­lists. In Decem­ber 2023, Trade Repu­blic recei­ved a full German banking license from the ECB and is super­vi­sed by the German Fede­ral Finan­cial Super­vi­sory Autho­rity (BaFin) as well as the German Bundesbank. 

Advi­sor to Trade Repu­blic Bank GmbH: YPOG

Dr. Frede­rik Gärt­ner(Lead, Tran­sac­tions) Part­ner, Berlin
Sjard Seeger (Tran­sac­tions), Asso­ciate, Berlin
Dr. Matthias Schatz (Corpo­rate), Part­ner, Cologne
Dr. Chris­toph Lütten­berg (Corpo­rate), Senior Asso­ciate, Cologne
Jörg Schr­ade (Tax), Part­ner, Munich

www.ypog.com