TRADE REPUBLIC SEEKS 250 NEW ENGINEERING ROLES AMIDST OPENING TECH HUB IN STOCKHOLM AND ENABLING FULL REMOTE WORK GLOBALLY

- Europe's largest savings platform opens 250 new technology and engineering roles to build the bank of the future

- Next to Berlin HQ, Trade Republic has opened a tech hub in Stockholm with all roles available

- Trade Republic opens all roles as fully remote dedicated to empowering the best people in technology to work from wherever they want

- New managing directors Andreas Torner and Gernot Mittendorfer support the founding team on their growth journey

BERLIN, February 2nd, 2022 - Trade Republic has just established a tech hub in Stockholm and is making huge investments in its technology by immediately opening 250 engineering roles. All positions are also available fully remote to enable the best talent to join Trade Republic on its mission. Trade Republic is a technology company with a banking license. With its industry-innovating technology, Trade Republic has reduced cost and entry barriers to enable access to the capital markets for everyone. As Europe's largest savings platform, it is dedicated to building the bank of the future.

"In 2015 we started Trade Republic with the desire to build a bank from scratch. We spent over four years before launching to build a new banking technology platform that redefines investing efficiency and quality," says Christian Hecker, co-founder of Trade Republic. "Our dedication to build the best technology is core to our DNA. Today, Trade Republic is marking the next chapter on this journey by investing heavily into its technology platform and team. Everyone joining us will help us transform banking for good."

Trade Republic is opening over 250 engineering roles along all departments such as Frontend, Backend, Core Infrastructure, and Data. These roles are open to all seniority levels and backgrounds. In 2021, Trade Republic expanded its technology leadership team with senior executives from Klarna, Netflix, or Stripe to build the leading financial technology company in Europe.

Trade Republic is investing heavily into its technology setup by opening a dedicated tech hub in Stockholm, where all roles are available. "Stockholm is one of the key tech hubs in Europe and attracts the best talent. Our VP of Engineering Jan Plasberg will lead the operations and work with his team to deliver new product and infrastructure," adds Christian Hecker. Trade Republic operates in six countries all over Europe. To attract the world's smartest technology minds, Trade Republic is opening all technology roles as fully remote. Many senior engineering roles are already working remotely, leading the way forward.

"From writing the first lines of codes in 2015 to now managing hundreds of world class engineers, Trade Republic has always raised the bar," says Thomas Pischke, co-founder and CTO of Trade Republic. "We are proud to have built the entire tech platform internally without any third-party vendor. This is a testament to the quality of our technology and team. I still regularly code and work closely with the engineering team. By now, we have assembled a talented and highly motivated leadership team, with experience from the world's best technology companies. At Trade Republic, we will do everything so that every engineer can do the best work of their career."

Trade Republic has raised close to US$ 1 billion from renowned technology investors like Sequoia, Founders Fund, Accel, TCV or Stockholm-based Creandum. These investors have backed some of the most iconic technology companies worldwide, and their network and guidance will help Trade Republic redefine banking with leading technology.

In addition to strengthening its technology team, Trade Republic is excited to welcome Andreas Torner and Gernot Mittendorfer as new managing directors. They will support the founding team of Christian Hecker, Thomas Pischke, and Marco Cancellieri on their mission to democratize wealth. As planned, the two financial experts with many years of industry experience are replacing their predecessors in this position, Andreas Willius and Karsten Müller.
 

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ABOUT TRADE REPUBLIC

Trade Republic is a European savings platform that enables people to save, invest or trade on the capital market with just three taps and for only one Euro per trade. In addition to the intuitive app, a web version is also available to customers for this purpose. Trade Republic's vision is that everyone should have the opportunity to take their investments into their own hands. Trade Republic is a bank licensed in Germany and supervised by the Bundesbank and BaFin. The company was founded in 2015 by Christian Hecker, Thomas Pischke and Marco Cancellieri and today reaches over 250 million people in six European countries. Trade Republic's investors include VCs Sequoia, TCV, Thrive Capital, Accel, Creandum, Founders Fund and Project A, as well as sino AG.