Upvest Secures €107.7M to Scale European Investment Infrastructure

Upvest, a Germany-based API-first investment infrastructure provider, announced €107.7 million in total financing in March 2026. The raise included a €77.5 million equity round led by Sapphire Ventures and Tencent, with additional participation from Bessemer Venture Partners and BlackRock. Upvest currently processes over 100 million annual orders for more than 30 financial institutions across Europe.

The company plans to use the new capital to expand its footprint across additional European markets and develop AI-driven investment solutions. As a BaaS-adjacent infrastructure provider, Upvest enables banks and fintechs to embed investment capabilities into their platforms via APIs. The round reflects continued investor confidence in embedded finance infrastructure, particularly in the wealth and investment vertical.