Upvest, a European investment infrastructure provider, has secured $90 million in equity funding led by Sapphire Ventures and Tencent. This capital will be used to modernize legacy banking systems and enhance Upvest's API-based platform for trading, custody, and back-office operations for financial institutions. The company also finalized a $35 million debt facility, bringing the total financing to $125 million.
Amount: $90.0M