Payment for order flow was Founded

That is how all worked from 2007-2020!

Trade Republic Bank European Union " Start-Up" 2015 Munich-Bavarian-Germany. A German online brokerage with headquartered in Berlin. 2015 through payment for order flow & mobile APP achieved to be full banking sector. 2023 they had roughly 8-million users in 17-countries with approximately 100-billion Euro-Assets. Their partner Comdirect-Bank & Christian-Hecker as well as other computer scientists, philosopher, physician brought "Sino-AG" the brokerage with head office in Düsseldorf to merging by acquisition as a investment banking branch. Out of that deal they gathered a Venture-Capital who invested almost 60-million Euro project. By 2020 has reached 150.000 users alone in Germany & France later Spain launched in 2021, this together became 900$-million & 5$-billion together with Austria and Italy. 2022 was the Canadian who stopped the extension plan to pay 250-million Euros for Ontario-Canada Teachers & their pension plan. In 2024 they launched the first Debit-Card with that user income which included "Fidelity" & other investment banker reached another 12.5 billion Euro. By 2025 these were among them, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Slovakia, Slovenia.