July 17, 2019 Press

SMP advises Project A on
its investment in Trade Republic Bank

Berlin – Schnittker Möllmann Partners (SMP) advised Project A on its investment in the fully licensed mobile-only and commission-free broker Trade Republic Bank. Alongside Project A, European venture capital firm Creandum invested in the Series-A-financing round with a total volume of 10 million Euros. The newly raised capital will be used to further improve and expand Trade Republic's offering. The investment is subject to regulatory approval by BaFin. A team led by SMP partners Frederik Gärtner and Peter Möllmann provided comprehensive legal advice to Project A.

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