The Ontario Academics’ Pension Plan Board led the extension, including to final yr’s $900 million spherical led by Sequoia.
Based in 2015 and licensed in Germany, Commerce Republic is a European equal of US unicorn Robinhood, enabling customers to spend money on shares, ETFs, derivatives and crypto – cellular and commission-free.
The agency claims greater than 1,000,000 clients throughout six European markets.
Christian Hecker, co-founder, Commerce Republic, says: “The financing will assist us to take a position strongly into product innovation to empower hundreds of thousands of Europeans to place their cash to work.”,German neobroker Commerce Republic has topped up its Sequence C funding spherical with an additional €250 million at a €5 billion valuation.,
