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Trade Republic hits €754 million in revenue as profit jumps sevenfold. The savings-plan broker has turned into a money machine: Trade Republic generated revenue of €754 million in its 2024-25 fiscal year and increased its net profit nearly sevenfold, from €34.8 million to €232.6 million. That is according to the annual report for the fiscal year that ended in September 2025, which is being published in Germany's Federal Gazette and was reported by Handelsblatt. Commissions drive the profit. By far the largest share comes from commissions on securities trading. They rose to about €733 million, more than double the previous year's €316 million. Another €20.4 million came from other income, such as currency effects and the release of provisions. Trade Republic set aside only €4.4 million for legal risks, down from €18.1 million a year earlier. Since its market launch in 2019, the Berlin-based fintech has accumulated a balance sheet profit of about €86.2 million. Customer growth has been just as striking. At the end of 2025, Trade Republic had more than 10 million customers, twice as many as 18 months earlier, and about €150 billion in assets under management. In December 2025, investors including Founders Fund, GIC, Fidelity, Wellington and the Arnault family bought €1.2 billion worth of shares in a secondary transaction at a valuation of €12.5 billion. That makes Trade Republic Germany's most valuable fintech. Far ahead of N26, far behind Revolut. A comparison with its rivals shows which league Trade Republic now plays in. The Berlin neobank N26 reported gross income of €501.6 million for 2025 and turned its first annual profit, at €1.6 million. The British rival Revolut, by contrast, is in a different weight class: It increased its revenue to about $6 billion (about €5.3 billion) in 2025 and posted a pretax profit of $2.3 billion (about €2 billion), with 68.3 million retail customers. In Austria, where Trade Republic has operated a local bank branch since 2025, Scalable Capital is also stepping up and has just opened its own bank in Vienna. The end of P.F.O.F. Whether the numbers can keep growing like this is an open question. They date from before the E.U.-wide ban on payment for order flow, which took effect in July 2026. Under that model, brokers receive rebates from trading venues, and for years it was a key source of income for neobrokers. Trade Republic responded with best-price execution across 30 trading venues, and customers still pay €1 per trade. Interest rates are another factor: Falling key rates reduce income from customer deposits, part of which Trade Republic passes on to customers. Over the summer, the fintech also had to settle in court with the consumer protection agency of Baden-Württemberg, which considered its "Zinsen auf dein Cash" (interest on your cash) advertising misleading. Founders Dispatch Europe's Startup Scene, Twice a Week in Your Inbox. Deals, funding rounds and tech trends, curated by the Trending Topics newsroom. Free since 2015. Aus Datenschutz-Gründen ist dieser Inhalt ausgeblendet. Die Einbettung von externen Inhalten kann in den Datenschutz-Einstellungen aktiviert werden:

Scalable Capital: ChatGPT trades live on brokerage accounts. 6h ago · 0:00 listen · Source: Tech Times Summary. Scalable Capital, a neobroker based in Munich, has introduced "Agentic Investing," allowing AI chatbots like ChatGPT to execute live trades on retail brokerage accounts. This marks the first time a European financial institution has enabled a general-purpose AI chatbot to directly manage customer portfolios. Here's the thing: this isn't just a robo-advisor. It's an external large language model, which can also answer questions about pizza recipes, translating natural language instructions into live buy and sell orders. If you have a Scalable Capital account and activate this feature, you're giving an AI application outside of Scalable Capital's control the ability to modify your portfolio. What's interesting is the substantial feature set. Customers can instruct the AI to execute trades, establish savings plans, manage watchlists, set price alerts, and conduct searches across various investments. The AI can also create personalized newsletters, compare portfolios, calculate savings rates, and even generate interactive dashboards. The bottom line: this development changes how AI interacts with personal finances, offering both powerful new tools and significant implications for control over your investments. This is an AI-generated audio summary. Always check the original source for complete reporting.