Upvest Reinforces its Leadership in Europe’s API-First Investment Infrastructure Space with a Significant Milestone

Upvest, enabling businesses to build great investment experiences for their end users, seamless, secure, and across international borders, led by Martin Kassing, Tobias Auferoth, Dr. Til Rochow, and the team, has announced a $125 million financing round to accelerate the modernization of legacy banking systems across Europe and the UK. The $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 $35 million debt facility to further strengthen its capital base.

As financial institutions modernize legacy systems and pursue new retail investment revenue, demand for Upvest’s modular, API-first platform has surged, processing over 100 million orders in 2025 and driving significant valuation growth toward profitability.

The company will use new capital to simplify complex local tax wrappers, including Altersvorsorgedepot and Self-Invested Personal Pension, enabling faster rollout of pension offerings with improved user experience and cost efficiency.

Upvest is also launching AI-powered investment engines, offering real-time programmable APIs that allow developers and institutions to build scalable, autonomous, and highly personalized advisory services for retail investors.

“Banks, brokers, and wealth managers choose Upvest for scalable investment infrastructure,” said Martin Kassing. “The $125M round highlights strong momentum, and the capital will accelerate expansion across Europe, enable local pension products, and support the emerging AI-driven investment economy.”

“Sapphire Ventures is excited to deepen its partnership with Upvest as it scales toward becoming Europe’s leading investment infrastructure platform,” said Andreas Weiskam. “With retail investing accelerating, Upvest is expanding across assets, local tax wrappers, and AI-enabled capabilities to power the next generation of personalized investing.”

Founded in Berlin in 2017, Upvest has become the platform of choice for over 30 financial institutions, enabling millions of users to manage their investments.

By improving the economics of securities products and operations, Upvest is helping the industry deliver scalable, high-quality investment experiences to the next 100 million users.

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