Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Here's the pitch deck fintech Upvest used to raise $14.5 million backed by UiPath investor Earlybird

Published by Business Insider on Thu, 10 Dec 2020


<p><img src="https://static6.businessinsider.com/image/5fce44e8eadd8400183df72e-2400/upvest team (1).JPG" alt="upvest team (1).JPG" data-mce-source="Upvest" data-mce-caption="Upvest's team" border="0"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Berlin-based fintech startup Upvest has closed a $14.5 million round of funding following a top-up investment from German fund Earlybird.</p><p>Upvest, founded in 2017, provides a scalable API for other fintech startups to offer pan-European securities.</p><p>The company's API runs on what it describes as proprietary blockchain infrastructure and gives plug-and-play capabilities to startups looking to offer traditional and alternative assets to users.&nbsp;</p><p>"We're operating in a rapidly growing market due to a combination of factors," Martin Kassing, Upvest's founder and CEO, told Business Insider. "Negative interest rates are making people to look to cash-generating assets, we're seeing a generation of millennials that want to invest, and with coronavirus, fintechs are looking to find more lifetime value from customers."</p><p>The startup had been in contact with Earlybird for a number of years prior to the investment round but conversations became serious after Kassing did a live pitch on stage at a conference in Paris at the start of the year. Coronavirus played a part in Upvest choosing to take additional capital with Kassing citing "uncertainty" around Covid-19 and future runway as key reasons for fundraising.&nbsp;</p><p>The fintech will use the funding to expand across countries. Upvest has grown its digital asset business, particularly alternative assets, in recent years and will spend 2021 developing the infrastructure for more traditional securities, such as ETFs.&nbsp;</p><p>Upvest's investment also comes from Notion Capital, HV Holtzbrinck Ventures and fintech angel investors including Maximilian Tayenthal, founder of N26.&nbsp;</p><p>Check out the company's (redacted) pitch deck below:&nbsp;</p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/challenger-banks-new-fintech-data-shows-neo-bank-conversion-struggles-2020-12" >Challenger banks are worth billions, but new data shows people are uncomfortable about using them as primary accounts, especially women and older users</a></strong></p><img src="https://static6.businessinsider.com/image/5fd0b58b240ebd00126bddcc-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b58b240ebd00126bddcd-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b591cee0cf00114fa54a-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b598240ebd00126bddd4-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b592240ebd00126bddcf-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b599240ebd00126bddd6-400-300/.jpg" alt="" /><br/><br/><img src="https://static2.businessinsider.com/image/5fd0b591240ebd00126bddce-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5fd0b58ecee0cf00114fa548-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b593240ebd00126bddd0-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b594240ebd00126bddd1-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b595cee0cf00114fa54d-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5fd0b58fcee0cf00114fa549-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b596cee0cf00114fa54e-400-300/.jpg" alt="" /><br/><br/><img src="https://static5.businessinsider.com/image/5fd0b594240ebd00126bddd2-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b596cee0cf00114fa54f-400-300/.jpg" alt="" /><br/><br/><img src="https://static2.businessinsider.com/image/5fd0b598240ebd00126bddd5-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5fd0b598240ebd00126bddd3-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5fd0b591cee0cf00114fa54b-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5fd0b597cee0cf00114fa550-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5fd0b597cee0cf00114fa551-400-300/.jpg" alt="" /><br/><br/>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Softfootball  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs