Upvest provides an Investment API with which customers can offer their end users investments. The company secured a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). This BaFin license is the 5th license that the startup has received. With its four additional licenses, Upvest can offer its customers other custody solutions and asset classes such as shares, securities, and ETFs in addition to cryptocurrencies.
The startup is working on a brokerage-as-a-service with which they want to take care of processing, handling, and regulation. Future customers will integrate the Upvest solutions into their own offering via an API interface. Investors of the fintech include N26, Earlybird, HV Capital, Notion Capital, ABN AMRO Ventures, and Speedinvest.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.