Trade Republic achieves profitability in Spain

Trade Republic has confirmed that its operations in Spain are now profitable. The German fintech company, which identifies Spain as its second most important market, aims to reach three million active customers in the country before the end of 2026.

To drive growth in the second half of the year, the company plans to launch new products. Pablo López, the country manager for Spain and Portugal, indicated that the firm is exploring consumer financing and credit products to remain competitive in the digital banking sector. Additionally, the company noted a rise in crypto-related activity following regulatory shifts in the EU.