Upvest raises $125M
What happened
German brokerage‑tech provider Upvest raised $125M at a $640M valuation, signalling strong demand for embedded brokerage infrastructure used by scale fintechs. That size round underscores investor appetite for B2B fintech rails rather than consumer apps alone. (x.com)
Why it matters
The fresh equity element of the financing totals $90 million and was led by Sapphire Ventures with participation from Tencent, Bessemer Venture Partners and BlackRock, alongside a $35 million debt facility that Upvest says it is finalising. (upvest.co) Upvest says the new capital will accelerate rollout of localized pension products — including Germany’s Altersvorsorgedepot and UK SIPPs — and fund AI-driven wealth solutions for banks and fintech partners. (tech.eu) The firm reported processing more than 100 million investment orders in 2025 and previously disclosed running over 1 million trades per week as of late 2024, signalling substantial back‑end throughput at scale. (thenextweb.com) Named clients and integrators for Upvest’s brokerage APIs include Revolut, N26, bunq, Raisin and DKB, with the platform positioned as a white‑label execution, custody and back‑office provider for banks and wealth managers. (businesscloud.co.uk) Upvest completed a €100m Series C in December 2024 and at that time said it employed about 170 people with plans to roughly double headcount and hire as many as 50 roles in its London office after receiving UK FCA approval. (techcrunch.com) Recent senior engineering moves include the hire of Roberto Fajardo as SVP Engineering (previously at Adyen) and the appointment of Alexander Matthey as a non‑executive director, moves the company framed as strengthening its ability to scale product delivery. (upvest.co)
Key numbers
- German brokerage‑tech provider Upvest raised $125M at a $640M valuation, signalling strong demand for embedded brokerage infrastructure used by scale fintechs.
- That size round underscores investor appetite for B2B fintech rails rather than consumer apps alone.
- (x.com) The fresh equity element of the financing totals $90 million and was led by Sapphire Ventures with participation from Tencent, Bessemer Venture Partners and BlackRock, alongside a $35 million debt facility that Upvest says it is finalising.
- (tech.eu) The firm reported processing more than 100 million investment orders in 2025 and previously disclosed running over 1 million trades per week as of late 2024, signalling substantial back‑end throughput at scale.
What happens next
- (upvest.co) Upvest says the new capital will accelerate rollout of localized pension products — including Germany’s Altersvorsorgedepot and UK SIPPs — and fund AI-driven wealth solutions for banks and fintech partners.
- (businesscloud.co.uk) Upvest completed a €100m Series C in December 2024 and at that time said it employed about 170 people with plans to roughly double headcount and hire as many as 50 roles in its London office after receiving UK FCA approval.
Quick answers
What happened in Upvest raises $125M?
German brokerage‑tech provider Upvest raised $125M at a $640M valuation, signalling strong demand for embedded brokerage infrastructure used by scale fintechs. That size round underscores investor appetite for B2B fintech rails rather than consumer apps alone. (x.com)
Why does Upvest raises $125M matter?
The fresh equity element of the financing totals $90 million and was led by Sapphire Ventures with participation from Tencent, Bessemer Venture Partners and BlackRock, alongside a $35 million debt facility that Upvest says it is finalising. (upvest.co) Upvest says the new capital will accelerate rollout of localized pension products — including Germany’s Altersvorsorgedepot and UK SIPPs — and fund AI-driven wealth solutions for banks and fintech partners. (tech.eu) The firm reported processing more than 100 million investment orders in 2025 and previously disclosed running over 1 million trades per week as of late 2024, signalling substantial back‑end throughput at scale. (thenextweb.com) Named clients and integrators for Upvest’s brokerage APIs include Revolut, N26, bunq, Raisin and DKB, with the platform positioned as a white‑label execution, custody and back‑office provider for banks and wealth managers. (businesscloud.co.uk) Upvest completed a €100m Series C in December 2024 and at that time said it employed about 170 people with plans to roughly double headcount and hire as many as 50 roles in its London office after receiving UK FCA approval. (techcrunch.com) Recent senior engineering moves include the hire of Roberto Fajardo as SVP Engineering (previously at Adyen) and the appointment of Alexander Matthey as a non‑executive director, moves the company framed as strengthening its ability to scale product delivery. (upvest.co)
