Just three weeks after launching in France, Berlin based online broker and retail wealth management company Trade Republic has announced the launch of its free current account with a local IBAN in Italy, along with automated tax submissions to local authorities.
Trade Republic, which claims over 8 million customers and more than €100 billion assets under management, said that its continued strong growth in international markets highlights the pressing need for private retirement planning across borders in Europe. More than one-third of Trade Republic’s customers now come from international markets, and the company indicated that this number continues to rise rapidly.
