Upvest Raises $125M To Power Europe’s Investment Infrastructure Shift

Upvest Raises $125M To Power Europe’s Investment Infrastructure Shift
Upvest Raises $125M To Power Europe’s Investment Infrastructure Shift

Hey Digital Banking Fanatic!

As banks and brokers race to modernize legacy systems and capture retail investing demand, the real battle is shifting toward who owns the infrastructure behind the experience.

That is where Upvest is doubling down today.

The Berlin-based company has secured $125 million in fresh funding to accelerate its API-first investment infrastructure across Europe and the UK.

The round combines $90 million in equity, led by Sapphire Ventures and Tencent, with an additional $35 million debt facility, reinforcing Upvest’s push to become the default infrastructure layer for investment products.

This matters for the broader payments and FinTech ecosystem because investment products are increasingly becoming embedded into financial platforms, requiring scalable, modular infrastructure to support them.

As Upvest CEO Martin Kassing puts it: “Banks, 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.”

Keep scrolling 👇 There’s more movement across the Digital Banking landscape below. I will be back tomorrow in your inbox.

Cheers,

Marcel


INSIGHTS

Lead Bank 🆚 Column

Same category (BaaS)… completely different playbooks. Two very different bets on the future of banking:

Lead Bank vs Column

NEWS

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🇸🇬 Circles' SaaS platform integrates Airwallex's embedded finance. This partnership opens a significant new growth opportunity, enabling telecom operators globally to increase customer lifetime value by offering a full suite of digital banking services or digibanking solutions across 70+ countries.

🇩🇪 Upvest secures $125m to cement its position as Europe’s leading API-first investment infrastructure. The new capital will drive the rapid rollout of complex, localised pension products and AI-driven wealth solutions, enabling banks to launch hyper-personalised and new revenue-generating products in record time.

🇬🇧 UK FinTech Pockit borrows cash from a Spanish railway architect. The Cardiff-based business, which offers prepaid accounts to customers without a credit score, has signed a debenture agreement with Anchorgate Management, a British Virgin Islands company controlled by architect Santiago Calatrava.

🇧🇷 Nubank partners with Febraban. According to Febraban, Nubank will now be integrated into the entity's main deliberative bodies, expanding its participation in the federation's strategic institutional debates. Nubank's entry into Febraban comes at a time when the FinTech plans to obtain a banking license in Brazil.

🇺🇸 UK Lender OakNorth hiring in the US as bank acquisition nears. OakNorth Bank is expanding its U.S. presence by hiring key roles ahead of its planned acquisition of Community Unity Bank, with regulatory approval expected in the coming months. The move supports its strategy to scale business lending in the U.S.

🇬🇧 Starling launches free Making Tax Digital tool to help sole traders manage new rules. By fully embedding a free, HMRC-recognised tool directly within the bank account, Starling transforms tax management from an expensive, friction-filled third-party integration into a seamless, value-added service.

🇧🇷 Nubank dominates credit in Brazil, but Mercado Libre is poised to change the game. Nubank and Mercado Libre together accounted for 36% of the growth in credit card stock over the last 12 months, according to a report by Itaú BBA. Read more

🇭🇺 Revolut Bank to launch Hungarian branch. The Hungarian branch will start providing Hungarian bank accounts for existing customers once they are migrated to the Hungarian branch, while a selected group of new customers will receive them when onboarding onto the branch begins in the near future.

🇱🇺 Galaxy and Banking Circle collaborate to enhance multi-currency banking infrastructure for digital asset activity. Through Banking Circle’s platform and BC-NOW technology, Galaxy enhances its ability to facilitate efficient FX execution and settlement.

🇧🇷 Ripple goes all-in on Brazil. Powered by new product capabilities and accelerating customer adoption, Ripple is now the only solution in the region capable of serving institutions across the full spectrum of financial needs, from cross-border payments and digital asset custody to prime brokerage and treasury management.


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