Upvest Secures $125 Million to Enhance Investment Infrastructure
Upvest, a provider of API-driven investment infrastructure, has successfully raised $125 million in new funding aimed at modernizing outdated banking systems throughout Europe and the UK.
Funding Composition and Key Backers
The funding round includes a $90 million equity investment led by Sapphire Ventures and Tencent, with continued support from existing investors such as Bessemer Venture Partners and BlackRock. Additionally, the Berlin-based firm is in the final stages of securing a $35 million debt facility to strengthen its financial foundation.
Innovative Investment Solutions for Financial Institutions
Since its inception in 2017, Upvest has focused on providing modular, API-centric investment infrastructure to banks, brokers, and WealthTech companies. Its platform empowers financial institutions to offer retail investment products without the complexities associated with developing and managing in-house systems. In 2025, the company processed over 100 million transactions for its clients, resulting in a significant increase in its valuation and positioning it toward sustained profitability.
Strategic Use of New Capital
The newly acquired funds will be allocated to several strategic initiatives. Key among these is simplifying compliance with local tax regulations, such as Germany’s Altersvorsorgedepot and the UK’s SIPPs, allowing financial institutions to launch pension products in a matter of months rather than years. Upvest is also advancing its AI-supported investment engines, which offer real-time, programmable execution APIs, empowering developers and financial institutions to build autonomous, hyper-personalized advisory services tailored for everyday retail investors.
Leadership Insights on Growth and Expansion
Martin Kassing, CEO and co-founder of Upvest, highlighted the growing appeal of the company’s infrastructure. “Banks, brokers, and wealth managers rely on Upvest to develop their investment offerings sustainably and at scale for a new generation of investors. This $125 million round, occurring just 12 months after our Series C, emphasizes our momentum as the preferred partner for financial institutions seeking to deliver leading investment experiences at a rapid pace across Europe. The capital will be instrumental in facilitating our expansion into the largest European markets, introducing optimal local pension products and nurturing the emerging AI investment sector.”
Industry Perspectives on Upvest’s Impact
Andreas Weiskam, a partner at Sapphire Ventures, expressed enthusiasm for deepening the partnership with Upvest. “Sapphire Ventures is thrilled to support Upvest in its quest to become Europe’s premier investment infrastructure platform. Martin and his team have developed a scalable, enterprise-grade solution that is trusted by the region’s most innovative banks and fintech companies, meeting the stringent requirements of large global financial institutions. As retail investing continues to surge across Europe, Upvest is set to expand into new asset classes, local tax frameworks, and AI-driven functionalities, empowering the future of personalized investing.”
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