Upvest and Ginmon cooperate

The Berlin-based fintech and digital asset manager are working together to develop new ETF-based investment options, among other things.
Digital asset manager Ginmon is relying on Berlin-based fintech Upvest to develop a new customer platform. Through it, the Frankfurt-based company aims to provide its end customers with access to a wide range of ETF-based investment opportunities.
Ginmon was founded in 2014 and offers long-term investment opportunities to private customers in Germany, for example for retirement planning. At the same time, it has developed a white-label solution for fintechs and established companies that want to offer wealth management solutions to their customers in the EU. In turn, Upvest, founded in 2017 by Martin Kassing, aims to enable other fintechs to provide their end customers with access to the full range of investment opportunities. To this end, the startup has developed an investment interface. The fintech raised $42 million for its idea in the summer.
"We see demand for attractive investment options like ETFs continuing to grow in the face of persistently low interest rates, rising inflation and an ever-widening retirement gap," says Lars Reiner, CEO of Ginmon. By working with Upvest, they have now developed a scalable platform for long-term investment opportunities, he adds.

Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies

FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?