Upvest and Deutsche Bank have announced a partnership. Under the partnership, Upvest will gain access to the global bank for multiple services.
Upvest is a Fintechs in Europe that provides B2B clients with a range of investment opportunities in the areas of principal broking business, proprietary trading, and custody for traditional securities as well as crypto assets.
According to a company statement, Upvest will now enable its customers to access end-user cash management solutions, virtual IBANs, and foreign exchange services through Deutsche Bank. The FX service is said to allow for real-time currency conversions, thus improving the experience.
Martin Kassing, CEO and co-founder of Upvest, said they were pleased to gain access to the Deutsche Bank team while supporting their growth plans. He added that they are well positioned to enhance their products for their customers.
Galina Kersten, Head of Tech & FinTech Sales EMEA at Deutsche Bank, described Upvest as one of the “leading scale-ups” in capital markets
“The strongly growing neo-broker segment is the ideal fit to experience the innovation power of Deutsche Bank.”