BERLIN – Upvest, Europe’s category-leading investment infrastructure provider, has announced a $125 million financing round. This landmark deal includes $90 million in equity led by Sapphire Ventures and Tencent, alongside a $35 million debt facility, cementing Upvest’s position as the backbone of modern investing for the UK and Europe.
As traditional financial institutions face immense pressure to replace “monolithic” legacy systems, Upvest’s modular, API-first approach has become the industry gold standard.
Strategic highlights:
- Institutional Scale: Upvest now processes over 100 million annual orders for more than 30 top-tier financial institutions, including Revolut, Santander’s Openbank, N26, and DKB.
- The “Pension Revolution”: The new capital will fast-track the launch of complex, localized pension products, such as the UK’s SIPPs and Germany’s Altersvorsorgedepot, allowing banks to deploy these services in months rather than years.
- AI-Driven Wealth Solutions: Upvest is rolling out programmable execution APIs that empower developers to build autonomous, hyper-personalized advisory services for retail investors.
- Financial Strength: With a double-digit monthly growth rate in orders, this funding secures Upvest’s clear path to long-term profitability.
Modernizing Wealth Management at lightspeed
The demand for Upvest’s infrastructure is driven by a massive shift in retail investing. By providing end-to-end trading, custody, and back-office services via a simple API, Upvest enables banks and brokers to reduce operational overhead and increase ROI on their securities products.
“Banks and wealth managers choose Upvest because we provide the infrastructure needed to grow profitably at scale for a new generation of investors,” said Martin Kassing, CEO and Co-founder of Upvest. “This $125m round underscores our momentum to be the top choice for financial institutions launching best-in-class investment experiences at lightspeed.”
A new era of personalization
Beyond traditional brokerage, Upvest is positioning itself at the heart of the “AI investment economy.” By offering real-time, programmable engines, Upvest allows its clients to move away from “one-size-fits-all” portfolios toward truly individualized investment journeys.
Andreas Weiskam, Partner at Sapphire Ventures, noted: “Martin and the team have built a scalable, enterprise-grade platform that meets the rigorous standards of the world’s largest financial institutions. Upvest is powering the next generation of personalized investing.”
About Upvest
Founded in Berlin in 2017, Upvest is a technology company and regulated securities institution. It provides the essential “plug-and-play” infrastructure that allows financial giants and fast-growing fintechs to modernize their legacy operations. With 280 employees and a footprint across Europe’s largest markets, Upvest is enabling the financial industry to deliver winning investment experiences to the next 100 million people.
