Trade Republic
“Can a European neobroker leverage a full banking license to become the single financial platform for everyday saving, spending, and investing across Europe?”
Founded in 2015 as a commission-free mobile neobroker, Trade Republic initially relied on third-party banking partners (Solarisbank, Deutsche Bank, JP Morgan SE, Citibank Europe) to manage customer funds and card issuance. After obtaining a full ECB banking license in December 2023, Trade Republic transitioned to operating its own bank, Trade Republic Bank GmbH, enabling it to hold deposits directly, issue its own IBANs, and build a lending business. The company is now evolving from a pure investment app into a full-service retail savings and banking platform—positioning itself as 'Europe's largest savings platform' combining brokerage, current account, debit card, and interest-bearing cash deposits under one roof.