Upvest Lands €30M Funding, Forges Partnership with BlackRock || Web3 O’clock

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Upvest's recent achievement in funding and collaboration with BlackRock marks a substantial stride in their quest to democratize investing. Through their user-friendly API, which streamlines the investment process, and strategic alliances with major players like BlackRock, Upvest is

In recent updates, Upvest, a startup based in Berlin, has successfully secured €30 million in funding and established a promising collaboration with the renowned global investment firm, BlackRock. This partnership is geared towards enhancing accessibility to investing across a wider audience in Europe. This article delves into Upvest's mission, its recent funding achievement, and the implications of the BlackRock partnership for the future of investing.

About Upvest Founded in 2017 by a dedicated team, Upvest has a clear-cut mission: to simplify investing as much as spending money. Their user-friendly Investment API offers a diverse array of investment options, ranging from stocks to ETFs, providing a comprehensive platform for making money work for you.

Upvest aims to facilitate the entry of fintech companies into the investment market, collaborating with major European fintechs to enhance their digital investment infrastructure in a straightforward and cost-effective manner.

The €30 Million Funding and BlackRock Partnership Upvest's recent funding round of €30 million involved a consortium of notable investors, including BlackRock, Bessemer Venture Partners, HV Capital, Earlybird, Notion Capital, ABN Amro Ventures, and 10x Capital. The collaboration with BlackRock, known for its strategic investments in companies such as IDnow, Flexe, and AlphaSense, holds particular significance. This partnership will leverage BlackRock's expertise and resources to expand Upvest's services for larger financial institutions.

Upvest’s Mission Upvest is dedicated to making investing accessible for everyone. With licenses covering securities and crypto operations, along with partnerships with industry leaders like BNP Securities and ABN Amro for custodial services and payments, Upvest ensures regulatory compliance and reliability in all aspects of its operations.

 

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