𝗕𝗲𝗿𝗹𝗶𝗻 𝗯𝗮𝘀𝗲𝗱 𝗨𝗽𝘃𝗲𝘀𝘁 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟭𝟮𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗺𝗼𝗱𝗲𝗿𝗻𝗶𝘇𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗿𝗮𝗶𝗹𝘀

German-based Upvest has secured $125 million in new financing to accelerate the modernization of legacy banking and investment systems across Europe and the UK. The funding consists of a $90 million equity round alongside a $35 million debt facility. This capital injection follows a year of rapid scaling in which the company processed more than 100 million investment orders for a growing roster of over 30 institutional clients.

The firm provides a modular, API-first investment infrastructure that allows banks, brokers, and wealth managers to offer retail investment products without building complex in-house systems. Its platform handles the heavy lifting of trading, custody, and back-office operations, enabling financial institutions to launch or migrate investment offerings in months rather than years. Current partners using these rails include major digital and traditional players such as Revolut, N26, and Santander’s Openbank.

The fresh capital will be used to expand Upvest’s presence in Europe’s largest markets and integrate complex local tax and pension wrappers like the Altersvorsorgedepot in Germany and SIPPs in the UK. By absorbing these regulatory complexities into its API, Upvest helps providers scale personalized and tax-efficient wealth solutions for a new generation of investors. The company is also rolling out AI-supported investment engines to empower institutions to build autonomous and hyper-personalized advisory services at scale.

Knote: The transaction reportedly values Upvest at around $740 million, although that may be thrown off a little by the straight debt component, depending on how they are treating that. Still over a 75% gain from their last round a little over a year ago. Retirement savings in Europe is getting modernized with a rise in technology demand for SIPPs (IRAs) and Altersvorsorgedepot (scary-sounding IRAs). JP Morgan also recently purchased WealthOS to advance the SIPP market.

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