Upvest — which powers stock trading on Revolut, N26, Bunq — secures €100M

If you live in Europe and you use a neobank, you’ve likely been interacting with Upvest’s investment products without even knowing it.

The Berlin-based startup runs a stock-trading API that integrates into some of the biggest fintechs in Europe — Revolut, N26, Bunq, Plum, Raisin, Shares and Vivid. Through these banks, some 50 million users have access use the company’s investment products, it said.

Amid a broader neobank boom, Upvest today announced it has raised €100M in a Series C funding round led by Hedosophia and joined by Sapphire Ventures. Existing investors, Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital also chipped in.  

“With the capital, we will conquer new markets, build exciting new products faster, and serve prime fintechs and financial institutions alike,” said Martin Kassing, CEO and co-founder of Upvest, pictured above.

Kassing didn’t disclose an updated valuation but he did ...