Upvest cooperates with Dutch bank

Upvest's B2B customers can now process their payments through ABN Amro. The two companies were already working together before.

Berlin-based fintech Upvest is further expanding its partnership with ABN Amro. Both companies are now working together on transactions. Customers of Upvest are to be able to process their payments via ABN Amro from now on. ABN Amro is thus further expanding its activities in innovative services. The aim is to strengthen the intersection of banking and tech expertise, which could lead to new solutions in the fintech sector.

Berlin-based fintech Upvest was founded by Martin Kassing in 2017. The startup empowers other fintechs to provide their end customers with access to investment opportunities, for which it has created an investment programming interface. For Martin Kassing, the collaboration is an important step for the future and ambitious growth plans: "We are very excited to further expand our trusted partnership with ABN Amro, one of the most renowned European banks."

The Dutch bank had previously backed the fintech through its venture capital arm. "Upvest is one of the few European startups that combine a deep understanding of capital markets with outstanding tech expertise," said Tim Wanders of ABN Amro Ventures. "That's why we are very excited about expanding our partnership and working even closer together on a day-to-day basis."