Investment API provider Upvest secures €100M Series C and doubles valuation amid European expansion 💸📈; Ripple's RLUSD stablecoin wins critical NY regulatory approval 😳🪙

FinTech is Eating the World, 12 December

Hey Everyone,

Good morning & happy Thursday! Today’s issue is really especially interesting as we’re going to look at investment API FinTech Upvest which just secured €100M Series C and doubled its valuation (what does this tell us & what can we expect next + bonus access to Upvest’s pitch deck & 1,500+ pages of resources to help you build and scale your startups), and Ripple that just got its RLUSD stablecoin approved in New York (what it’s all about & what’s next + bonus reads & dives in the rise of stablecoins). Let’s just jump straight into the good stuff 🌶️

Investment API provider Upvest secures €100M Series C and doubles valuation amid European expansion 💸📈

The news 🗞️ Berlin-based investment infrastructure provider Upvest has just raised €100 million in Series C funding, led by Hedosophia with participation from Sapphire Ventures and existing investors including BlackRock BLK 0.00%↑ and Bessemer Venture Partners.

The funding round has doubled the company's valuation from its previous €30 million raise in October 2023, which valued the company at $210 million. FinTech is back!

Let’s take a quick look at this and see why it matters.