Upvest– which powers stock trading on Revolut, N26, Bunq– protects EUR100M
If you reside in Europe and you utilize a neobank, you've likely been connecting with Upvest's financial investment items without even understanding it.
The Berlin-based start-up runs a stock-trading API that incorporates into a few of the most significant fintechs in Europe-- Revolut, N26, Bunq, Plum, Raisin, Shares and Vivid. Through these banks, some 50 million users have gain access to utilize the business's financial investment items, it stated.
Amidst a wider neobank boom, Upvest today revealed it has actually raised EUR100M in a Series C financing round led by Hedosophia and signed up with by Sapphire Ventures. Existing financiers, Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital likewise cracked in.
"With the capital, we will dominate...