# Upvest

Upvest is an Asset Manager based in Berlin, Germany.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Berlin, Germany
- **Region:** Europe
- **Address:** Berlin, Germany
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** upvest.co
- **LinkedIn:** https://www.linkedin.com/company/upvest

## Regulatory record

- **Reports private funds:** No

## About

With Upvest’s Investment API, you can build investment experiences your users will love.

## Sectors

- FinTech
- Enterprise Software

## People

- Martin Kassing — CEO and Co-Founder
- Tobias Auferoth — Managing Director and Chief Financial Officer
- Dr. Til Rochow — Chief Product Officer

## Questions

### Who runs investment decisions at Upvest?

Strategic and product decisions are led by CEO and co-founder Martin Kassing, with CFO Tobias Auferoth and CPO Dr. Til Rochow shaping the firm's capital and product direction. Kassing has over 15 years in fintech and capital markets, including a prior exit to Klarna. Auferoth spent 14 years at Goldman Sachs and UBS before moving into fintech.

### Is Upvest a consumer-facing investment app?

No. Upvest is a B2B infrastructure provider. End users interact with its clients — banks, fintechs, and D2C platforms — which embed Upvest's Investment API to offer stocks, ETFs, fractional shares, and crypto. Upvest holds the required brokerage, proprietary trading, and custody licenses.

### Which asset classes does Upvest support?

The Investment API supports stocks, ETFs, mutual funds, and cryptocurrencies. On the traditional side, it covers EEA-listed securities, routing orders to exchanges and market makers for best execution. Upvest also does proprietary trading to enable fractional share execution starting at €1.

### What is Upvest's relationship with BlackRock?

In April 2025, BlackRock announced a partnership with Upvest to make ETF investing cheaper and simpler across Europe. The partnership focuses on ETFs as the default entry point for new European investors using Upvest's platform.

### Who invested in Upvest?

Publicly named investors include Sapphire Ventures, HV Capital, and BlackRock (via the April 2025 partnership). The About page quotes Sapphire Ventures and HV Capital as supporters, with HV noted as an early backer of Upvest's Investment API vision.

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- [Telr](https://altss.com/profile/telr)
- [Sardine](https://altss.com/profile/sardine)

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Last updated: 2026-06-03T20:00:00.000Z

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