{"id":41802,"date":"2026-03-17T09:42:13","date_gmt":"2026-03-17T09:42:13","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/41802\/"},"modified":"2026-03-17T09:42:13","modified_gmt":"2026-03-17T09:42:13","slug":"berlins-upvest-raises-e108-million-to-scale-securities-infrastructure-for-banks-and-fintechs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/41802\/","title":{"rendered":"Berlin\u2019s Upvest raises \u20ac108 million to scale securities infrastructure for banks and FinTechs"},"content":{"rendered":"

Upvest<\/a>, a German investment infrastructure provider, today announces a \u20ac108 million ($125 million) financing round to accelerate the modernisation of legacy banking systems across Europe and the UK.<\/p>\n

The \u20ac78 million ($90 million) equity round is led by Sapphire Ventures and Tencent, with strong backing from existing investors including Bessemer Venture Partners and BlackRock. In addition, the company is also finalising a \u20ac30 million ($35 million) debt facility to further strengthen its capital base.<\/p>\n

Martin Kassing, CEO and co-founder of Upvest, says: \u201cBanks, brokers, and wealth managers choose Upvest for the infrastructure needed to grow their investment propositions profitably and at scale for a new generation of investors. The $125 million 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. We will use the capital to accelerate our expansion into Europe\u2019s largest markets, enabling the best local pension products and supporting the new AI investment economy.\u201d<\/p>\n

EU-Startups reporting in 2025\u20132026 shows a steady flow of capital into financial infrastructure startups adjacent to Upvest\u2019s segment, particularly across payments, open banking, and API-led banking modernisation.<\/p>\n

Notable examples include:<\/p>\n

Devengo<\/a> (Madrid, \u20ac2 million, to scale account-to-account payment infrastructure)
\nOpen Payments<\/a> (Sweden, \u20ac3 million, to expand its B2B financial integration platform)
\nPayrails<\/a> (Berlin, \u20ac27.7 million, to accelerate product development and expand across EMEA)
\nTwo<\/a> (Norway, \u20ac13 million, to scale B2B payments infrastructure)
\nNavro<\/a> (UK, \u20ac36 million, to expand global payments and regulated financial flows)
\nYaspa<\/a> (UK, \u20ac10.1 million, to grow open banking-based payment solutions)
\nDue<\/a> (London, \u20ac6.3 million, to launch a stablecoin-based payments API).<\/p>\n

Combined, these rounds total approximately \u20ac98 million.<\/p>\n

Within this context, Upvest\u2019s \u20ac108 million raise is notably larger than the combined funding of several adjacent infrastructure players and signals continued investor interest in deeper layers of financial services.<\/p>\n

Upvest\u2019s focus on modernising legacy investment infrastructure \u2013 particularly for banks and brokers \u2013 positions it in a more specialised segment, with Germany again appearing as a key hub for B2B FinTech infrastructure alongside players like Payrails.<\/p>\n

Andreas Weiskam, Partner at Sapphire Ventures, adds: \u201cSapphire Ventures is excited to deepen our partnership with Upvest as it aims to become Europe\u2019s leading investment infrastructure platform. Martin and the team have built a scalable, enterprise-grade platform trusted by the region\u2019s most innovative banks and FinTechs \u2013 meeting the rigorous standards of the largest global financial institutions.\u201d<\/p>\n

Founded in 2017, Upvest is a rech company and regulated securities institution that provides banks, brokers, and wealth managers with API-based infrastructure for their securities business. Beyond software, Upvest provides end-to-end trading, custody, and back-office services. This reportedly allows financial institutions to comprehensively modernise their legacy operations, reduce overhead, and scale profitably.<\/p>\n

Upvest\u2019s ecosystem of clients includes leading digital banks like DKB and Santander\u2019s Openbank, as well as fast-growing global FinTechs such as Revolut, N26, Webull, and Raisin. The company processes over 100 million trades annually.<\/p>\n

\u201cWith retail investing accelerating across Europe, Upvest is expanding into new assets, local tax wrappers, and AI-enabled capabilities, powering the next generation of personalised investing,\u201d continues Andreas.<\/p>\n","protected":false},"excerpt":{"rendered":"Upvest, a German investment infrastructure provider, today announces a \u20ac108 million ($125 million) financing round to accelerate the…\n","protected":false},"author":2,"featured_media":41803,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[99],"tags":[112,22005,3918,23612,23613,468,190,23614,23615,23616,23617,18693,23618,23619,23620,3429,23621,23622],"class_list":["post-41802","post","type-post","status-publish","format-standard","has-post-thumbnail","category-berlin","tag-berlin","tag-bessemer-venture-partners","tag-blackrock","tag-devengo","tag-due","tag-fintech","tag-germany","tag-martin-kassing","tag-navro","tag-open-payments","tag-payrails","tag-revolut","tag-santander","tag-sapphire-ventures","tag-tencent","tag-two","tag-upvest","tag-yaspa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116243866932935341","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/41802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=41802"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/41802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/41803"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=41802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=41802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=41802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}