I believe they also have 11% shares in Trade Republic
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@Fischer9902 W:O was invested, but sold its shares last spring. You could say it was too early, but the money went into the smart broker.
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@calvin The smart broker's offering is unbeatable compared to the other two. TR, for example, only has one trading venue and no possibility to trade funds. Smartbroker, on the other hand, allows you to trade directly via any German trading venue and on foreign stock exchanges. Scalable and TR are discount brokers with a very limited offering that appeals to a (younger) target group with a smaller capital investment. Smartbroker is migrating all Volkswagenbank customers, among others, to its platform.