Upvest Secures $125M to Power Europe’s Digital Investment Infrastructure
Berlin-based investment infrastructure provider Upvest has secured $125 million in a new funding round, valuing the company at approximately €640 million, signaling growing investor interest in modernizing digital investment infrastructure across Europe.
Beyond the funding size, the significance lies in Upvest’s business model. Rather than offering direct investment services to end users, the company enables banks and fintech firms to integrate trading and investment capabilities into their platforms through API-first infrastructure—eliminating the need to build systems from scratch.
Upvest empowers financial institutions to launch investment services including:
- Stock and ETF trading
- Custody services
- Portfolio management
This positions the company as a critical yet invisible layer within the user experience, powering investment services behind the scenes.
The funding reflects a broader market shift, as financial institutions increasingly prefer ready-made infrastructure solutions due to:
- High development costs
- Technical complexity
- Time-to-market pressures
This trend has made infrastructure providers particularly attractive to investors, given their ability to:
- Serve multiple clients simultaneously
- Generate recurring institutional revenue
- Become embedded in the financial ecosystem
The round was led by Sapphire Ventures and Tencent, with participation from BlackRock and Bessemer Venture Partners.
The new capital will support expansion across key European markets, including the UK, alongside the rollout of localized pension products such as Germany’s retirement solutions and the UK’s SIPPs—enabling partners to launch in months instead of years.
Additionally, Upvest is developing AI-powered investment engines to support next-generation wealth management, allowing financial institutions to build scalable, hyper-personalized advisory services.
Martin Kassing, CEO and co-founder of Upvest, stated that the funding underscores the company’s momentum toward becoming the top choice for financial institutions, accelerating expansion and supporting the AI-driven investment economy.
Andreas Weiskam, Partner at Sapphire Ventures, highlighted that Upvest’s scalable, enterprise-grade platform meets the highest standards of global financial institutions and is trusted by leading digital banks in Europe.
This milestone comes amid rapid growth in Europe’s digital investment market, driven by increasing retail participation and the expansion of digital banks—further reinforcing the demand for scalable investment infrastructure.
