Trading platforms

German online broker Trade Republic is adding a new product today: fractional bonds. From now on, customers can invest in 500 liquid government and corporate bonds. This should provide investors with higher long-term interest rates.

Lithuanian agricultural investment platform HeavyFinance has financed 40 million euros in agricultural loans in Europe. Almost 1,400 crowdfunding loans have been financed. Most of the funded loans are situated in Lithuania.

Cryptocurrency exchange platform Binance has canceled its registration in the United Kingdom. The platform’s division in the country was launched in 2020, but it was dormant and never engaged in any regulated activities. It is the platform’s third withdrawal from a market within the last couple of months.

European investment platform Freedom24 has launched new long-term savings plans. Users can receive up to 3.63 percent interest on their deposits in euros. On deposits in dollars, users can even receive up to 5.58 percent per annum. It complements the platform’s existing D-account savings product.

British online bank and investment platform Revolut now has more than 30 million retail customers worldwide. Since November last year, the platform has gained over five million new users. Additionally, the platform now processes more than 400 million transactions per month.

HeavyFinance, an agricultural investment platform from Lithuania, has surpassed 8.000 registered investors. This is in part thanks to growth in Germany, France and Spain. In addition, HeavyFinance’s users have invested nearly 1 million euros in green loans for carbon certificates.

In 2022 over 1 billion euros was raised via crowdfunding platforms in the Netherlands. That is a 48 percent increase compared to the year before. The amount was put towards more than 18,000 projects, mostly business loans.

Revolut is offering ETFs to its European users. For the new investment product, the online bank is partnering with German financial startup Upvest. In the next few months, Revolut wants to add European listed stocks and other trading products as well.

Online broker eToro has partnered with Twitter in an effort to further financial education. Twitter users can now see real-time prices for stocks, crypto and other assets. Users can also click through to eToro and start investing.

European investment platform HeavyFinance has raised 3 million euros in a seed funding round. The company will use the capital injection to drive an expansion within Europe. It will also add new sustainable finance options to the platform.