Trading212 Gets £6 Million Capital Injection from Shareholders

FCA regulated online brokerage firm Trading212 UK Limited has raised an additional £6.0 million (USD $8.5 million) of capital. The investment was made by Trading212 controlling shareholders Borislav Nedialkov and Ivan Ashminov.

We understand that the investment was made, bringing Trading212s base capital up from £4.8 million to £10.8 million, to help support the growth of the business both current and expected in the future. Like a number of its online brokerage counterparts, Trading212 has seen a sharp uptick in all metrics over the past year covering everything from number of clients to client assets held to trading volumes. While that growth has (likely) come with an increase in profitability at Trading212, it also requires more capital.

The company‘s shareholders have also overseen an overhaul of company management to reflect the company’s increased prospects, including bringing on board former Tickmill executive Mukid Chowdhury as CEO.

Trading212 group revenue came in at £29.7 million (USD $41 million) in 2019, but we understand that the figure was considerably higher in 2020. The company, which now divides its branding between Trading212 CFDs and a commission-free stocks and ETF offering Trading212 Invest, tweeted out in August 2020 that it had reached $1 billion in client assets after posting in July that more than 500,000 people have opened and funded Invest and ISA accounts.

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