Upvest secures 125 million dollars for investment infrastructure in Europe

The Berlin-based fintech provider Upvest has completed a financing round totaling 125 million US dollars. Of this, 90 million dollars is equity, supplemented by a planned debt financing of 35 million dollars.

The equity round is led by Sapphire Ventures and Tencent. Existing investors such as Bessemer Venture Partners and BlackRock are also participating.

Infrastructure for banks and fintechs

Upvest provides an API-based investment infrastructure that enables banks, brokers and asset managers to efficiently build and scale securities offerings.

The $125m round, just 12 months after our Series C, underscores our momentum to be the top choice for financial institutions launching and scaling best-in-class investment experiences at lightspeed in Europe

Martin Kassing, CEO and Co-Founder Upvest

Clients include DKB, Openbank by Santander, as well as Revolut and N26. In 2025, more than 100 million transactions were processed via the platform. According to the company, the number of orders continues to grow at a double-digit rate every month.

Focus on the modernization of banking systems

Many financial institutions are facing the challenge of modernizing existing IT systems and tapping into new sources of income in retail investing. Upvest is positioning itself as an infrastructure provider that supports this transformation.

The platform has a modular structure and enables new investment products to be integrated and operated more quickly.

Expansion of pension products

Part of the capital will flow into the development of local pension products. These include the German pension portfolio and British SIPP models.

By technically mapping complex regulatory requirements, banks can bring such products to market much faster, according to the company.

Upvest is also investing in AI-based solutions for the investment sector. The aim is to enable personalized investment products and automated advisory services.

The platform provides interfaces that financial institutions and developers can use to build their own applications.

Focus on growth and profitability

Upvest was founded in 2017 by Martin Kassing. Since then, the company has developed into an infrastructure provider for more than 30 financial institutions. The company intends to use the new capital to drive its expansion in core European markets and further secure its path to profitability.