Upvest
ProviderEmbedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Infrastructure / Investment API.
Buyersnone disclosed yet
HeadquartersBerlin, Germany
Founded2017
FoundersMartin Kassing
Raised~$230M+
Supplier profile · from Upvest’s own dossier
Founded 2017 as Tokn UG, an early crypto/tokenization play. Pivoted to become an Investment API provider — a B2B2C 'take our license' platform that lets neobanks (N26, Revolut, Bunq, Vivid, Raisin) embed stocks, ETFs, mutual funds, and savings plans without taking on brokerage, custody or settlement licensing themselves. Operates as a BaFin-regulated investment firm in Germany with UK FCA authorization since 2024, expanding into money market funds for SMB platforms (SumUp 2026) as treasury yield becomes the next embedded product layer.
Founders: Martin Kassing
Latest round: Series D, $125M
Recent developments
- 2026-03SumUp partnership launched: merchants can invest idle cash in money market funds via Upvest API, starting in Germany source ↗
- 2025-01Selected Clearstream (Deutsche Börse Group) for third-party fund processing via Vestima platform source ↗
- 2024-12Closed €100M Series C led by Hedosophia, doubling valuation source ↗
Who uses Upvest
No disclosed buyers yet — no dossier in the Index names Upvest in its stack so far
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Upvest? This profile opens for claiming as soon as the first company discloses Upvest in its stack — or send us a public customer page and we will add the disclosure.