N26 to offer stock and ETF trading via Upvest’s Investment API
By Gloria Methri
N26, one of Germany’s leading digital banks, has partnered with the infrastructure FinTech Upvest to deliver its planned investment offer. The partnership will enable N26’s end-customers to trade stocks and ETFs directly within the N26 app to grow their wealth and achieve their financial goals, with Upvest as the technological backbone.
Upvest will provide licences for securities, brokerage, and custody while delivering a secure and compliant investment infrastructure tailored to N26’s needs and delivered seamlessly within its digital banking app.
Built on the latest technology, N26’s mobile banking experience makes managing money easier, more secure and customer-friendly. To date, it has welcomed more than 8 million customers in 24 markets and processes over €100 billion in transactions a year.
Valentin Stalf, CEO and co-founder of N26 said, “We have chosen to deliver our investment offer in collaboration with a trusted and reliable partner. Upvest provides us with a secure, scalable, and compliant platform, enabling N26 to focus on building a world-class user experience at a market-leading price point.”
“We are more than proud to support Germany’s largest digital bank in launching their investment proposition”, said Martin Kassing, CEO and co-founder of Upvest. “This collaboration is exciting as millions of users at N26 will now have access to a wide variety of stocks and ETFs. We are proud to be N26’s investment infrastructure of choice.”
Founded in 2017, Upvest empowers other FinTechs to provide their end customers with any type of investment product. To achieve this, the company has developed an Investment API that is easy to integrate for small and large FinTechs alike.
The collaboration marks a further step in Upvest’s mission to be the technological backbone helping banks empower their customers to grow their wealth and achieve their financial goals.
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