Breaking-Finance.Com - Upvest, a Berlin-based startup offering the first plug-and-play pan-European securities API, has secured €5 million in funding, bringing its Series A to €12 million. Earlybird has joined the round six months after the initial Series A led by Notion Capital and HV Capital, with participation from Partech.Upvest is bidding to transform what it calls the traditional, outdated and regulatory complex securities infrastructure.

. The new funding will help it to incorporate a brokerage bank license into its offering, allowing a move into investment brokerage and traditional securities custody.Martin Kassing, CEO, Upvest, says: "Upvest is at the forefront of opening up securities trading and custody further. By building a scalable and modular Securities API, we will enable fintechs all over Europe to launch investment products easily."

Source = Breaking-Finance.Com

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