Upvest GmbH
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Upvest GmbH - overview
Established
2017
Location
Berlin, -, Germany
Primary Industry
Financial Services
About
Based in Germany, Upvest GmbH provides an online Investment API that enables financial institutions to offer tailored investment experiences and facilitate trading operations for end users. Founded in 2017, Upvest GmbH is a Berlin-based fintech company that specializes in providing investment solutions. The founders, Christian Schäfer, Ivan Morozov, Juha Ristolainen, Martin Kassing, and Til Rochow, have a diverse background in technology and finance, with Martin Kassing currently serving as CEO. Upvest GmbH offers a comprehensive Investment API designed to facilitate tailored investment experiences for end users.
This API connects users to exchanges and market makers, allowing order placements at optimal execution prices. It supports fractional trading of securities, enabling investments from as little as 1 EUR, and provides custodial services for both traditional securities and crypto assets, managing tax obligations, corporate events, and reporting. Upvest focuses on serving European clients, particularly within the European Economic Area (EEA), supporting investment firms and financial institutions in delivering customized investment solutions. In 2022, Upvest generated revenue of GBP 286,098.
70, while reporting an EBITDA of GBP -14,254,424. The company's revenue model involves partnerships with financial institutions and investment firms utilizing its Investment API, which may include transaction fees based on trading volumes and potential subscription fees for continuous service access. Upvest GmbH is focusing on expanding its product offerings and enhancing its Investment API capabilities. In March 2026, Upvest GmbH raised USD 90 million in venture funding co-led by Tencent Investment and Sapphire Ventures, with participation from Bessemer Venture Partners and BlackRock.
The round was part of a larger USD 125 million equity and venture debt funding. The company plans to use the March 2026 funding to expand across Europe, launch local pension products, and roll out AI-supported investment tools for banks and brokers.
Current Investors
Partech Partners, HV Capital, Notion Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Analytics & Performance Software, Application Integration Software
Website
www.upvest.co
Verticals
Blockchain, Cloud Computing, FinTech, FinTech
Company Stage
Series C
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.