BERLIN: Trade Republic, one of a crop of European online brokerages that have drawn comparisons with Robinhood, said on Thursday it had raised US$900 million from investors at a valuation of more than US$5 billion.
Trade Republic, which was founded six years ago in Berlin and now counts over a million customers in Germany, France and Austria, said the Series C round was led by Silicon Valley investor Sequoia together with TCV and Thrive Capital.
(Reporting by Douglas Busvine, editing by Thomas Escritt)
Source: Reuters
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