Upvest provides an investment infrastructure platform that facilitates asset classes such as stocks, ETFs and some mutual funds and is built on a fractional trading engine. The platform can be extended to additional asset classes including bonds, derivatives and crypto, and to other investment use cases enabled by fractional trading. Upvest partners with fintechs and digital wealth managers — including Revolut, Raisin Bank and Plum — to offer savings plans, tailored portfolios and real-time fractional investing. Led by CEO Martin Kassing and based in Berlin, the company plans to use recent funding to enhance its product offering and pursue regional expansion with leading fintechs, banks and wealth managers. The company recently raised €30M in funding to support those efforts. Upvest offers a simple gateway API that integrates with existing infrastructure to let fintechs deliver capital market products — from ETFs and stocks to crypto assets — to their end customers. The company holds BaFin licenses for securities and crypto brokerage and custody, allowing clients to avoid building their own brokerage and custody infrastructure. Upvest positions its platform as delivering significant time and cost savings for both neo and traditional banking players. Recently it signed a deal with ABN AMRO to provide payment rails and transaction banking services, and it could win BNP Securities Services as custodian for B2B clients. The new $42 million Series B will be used to further develop and optimize the API, support internationalisation goals, and augment the team. Upvest is based in Berlin. Upvest offers an API-first Investment API designed to let any business provide investment opportunities to its customers, effectively embedding brokerage into apps. The platform is positioned to simplify and lower the cost and regulatory complexity of traditional European investment structures. Upvest says its API is "battle-tested" and has been reviewed by a selected group of experts. The company reports it is in talks with more than 30 companies interested in its offering. Management expects the product to go live in Q4, contingent on receiving a securities trading bank license. Financially, Upvest has raised a total of €20 million to date, including a recent Series A extension. Upvest provides a plug-and-play, pan-European securities API that lets fintechs create investment products such as ETFs, equities, and commodities with faster integration while complying with European regulations. Its API is designed to be easy to integrate into existing infrastructure, enabling greater flexibility and speed for clients. The company recently closed its Series A with an additional €5 million, building on an earlier €7 million tranche. Upvest will use the fresh funding to add a brokerage bank license (Wertpapierhandelsbank) and extend its product into investment brokerage and traditional securities custody. The startup plans to grow its team from 14 people to about 40 by the end of the year. No operating metrics (revenue/users) are disclosed in the article. Upvest offers fintech-ready, blockchain-agnostic APIs that enable companies to store financial assets on the blockchain and lower barriers to investment. The platform allows users to invest with minimums as small as €1 and to manage investments from anywhere. Upvest says its solution reduces issuance, distribution and custodial costs—clients report saving up to 85% in custodial and security issuance costs. Founded in 2018 by Martin Kassing and based in Berlin, the company has attracted API sign-ups from over 80 countries. The platform has processed €50 million in volume to date, and investors noted the company generates real revenues with a clear ROI for customers. Company and investor statements position Upvest as an enterprise-grade asset tokenization provider aiming to scale globally without compromising user experience.

Total raised

$92M

Funding rounds

5

Latest round

Equity

Latest activity

Oct 2023