Trade Republic raised $900 million in a Series C investment round led by Sequoia.

Trade Republic, a Berlin, Germany-based operator of a digital investing company, announced the completion of a series C investment round worth $900 million.

The deal, which values the company at $5.3 billion, was led by US-based VC Sequoia Capital, joined by new investors TCV and Thrive Capital and existing shareholders Accel, Founders Fund, Creandum, and Project A.

Trade Republic, founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri, developed a digital investment platform that allows everyone to invest in stocks, ETFs, and derivatives via a mobile app, without charging commissions. The company says it has €6 billion in assets under management, coming from 1 million customers in only three markets: Germany, Austria and France.

Trade republic previously raised $75 million deal backed by Founders Fund and Accel in 2020 and $12 million in 2019.