bunq, Ginmon, and Upvest join forces to launch investment products for European retail investors

• bunq’s latest app update gives millions of investors across France and the Netherlands access to stocks and ETFs. More instruments and markets will be added over time. 
• Ginmon acts as both investment broker and investments manager in a single white-label solution including required licenses, technology, and know-how.
• Upvest provides scalable and high-performance investment infrastructure, serving as a critical technology partner as well as principal broker and custodian to bunq end users.

Amsterdam/Frankfurt/Berlin, 24. September 2024 — bunq, the second-largest neobank in Europe, partners with Ginmon and Upvest to offer seamless access to stocks and ETFs. This partnership with Ginmon, a leading fintech specializing in innovative investment broker and wealth management solutions, and Upvest, the leading European provider of investment infrastructure, will enable millions of retail investors to invest easily via bunq’s mobile app. Kicking off in France and the Netherlands, this innovative investment offering is set to be rolled out across Europe in the near future with Germany as the next market.

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This initiative will enable millions of end users to invest directly in financial markets through bunq’s mobile app. The offering includes EUR-nominated fractional investments in stocks and ETFs, with more instruments to be added in the future.

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Ginmon, Upvest, and bunq have launched a new project in just two months, from concept to execution. Ginmon empowers bunq to offer a secure and intuitive investment experience, while Upvest provides the investment infrastructure for fractional trading and custodial services, ensuring efficient and secure transactions for end users.

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Ali Niknam, Founder and CEO of bunq, commented, “Investing in stocks should be as effortless as making a payment or checking your balance. That's why with Ginmon and Upvest we've designed the simplest way to start investing, allowing our users to buy shares of the world's most exciting companies in seconds.”

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Lars Reiner, Founder and CEO of Ginmon, added, “We are thrilled to collaborate with bunq and Upvest in this groundbreaking project. The speed at which we have brought this initiative to market underscores our commitment to innovation and efficiency. By integrating our investment broker and managed investments with bunq’s cutting-edge app and leveraging Upvest’s robust infrastructure, we are setting a new benchmark for financial services across Europe.”

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Martin Kassing, Co-Founder and CEO of Upvest, said, “Our collaboration with bunq and Ginmon represents a major leap forward in the fintech space. Upvest is proud to contribute our advanced investment infrastructure to this project together with Ginmon, our first-ever client when we started out years ago. Together, we are delivering a comprehensive and secure financial ecosystem that will drive innovation and set new standards in the European market.”


About bunq

‍Founded in 2012 by serial entrepreneur Ali Niknam, bunq has brought lasting change to the European banking industry. By having its users at the heart of the business and building a product rooted in their wants and needs, bunq quickly scaled to become the second-largest neobank in Europe. Serving digital nomads across Europe, bunq makes life easy for location-independent people and businesses starting from the way they manage money: how they spend, save, budget, and invest.

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Pioneering many things considered impossible, bunq was the first bank to get a European banking permit in over 35 years, raised the largest series A round ever secured by a European fintech (€193 million), and was the first EU neobank to achieve structural profitability at the end of 2022. On its mission to build the first global neobank for digital nomads, in April 2023, bunq announced its bid to enter the US market by applying for a banking license.
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About Ginmon

Founded in 2014 by Lars Reiner and Ulrich Bauer, Ginmon provides both managed and self-directed investment solutions to retail investors across Europe. In Germany, Ginmon has received various awards (e.g. No. 1 in CAPITAL 2023) and is well known as one of the leading digital wealth managers, focussing on goal-based investment solutions. Ginmon’s proprietary wealthtech platform, apeiron®, empowers various B2B partners with white-label investment solutions, providing frontend and UX experience, technology and financial licenses required to launch self-directed or managed investment solutions out of one hand. 
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About Upvest 

‍Upvest is on a mission to make investing as easy as spending money. The company empowers businesses to offer a wide range of investment products and the best experience in the field of capital market investment and retirement planning. Upvest’s Investment API is easy to integrate so that fintechs and enterprises alike can save resources and fully focus on their core business.

Upvest is one of the few fintechs in Europe that can provide its B2B clients with the full range of investment opportunities in the areas of principal broking business, proprietary trading, and safe custody business for traditional securities as well as crypto assets. The company was founded in 2017 by Martin Kassing and currently employs more than 150 people at its main hub in Berlin. Its latest €30m fundraising round included participation by BlackRock, alongside its previous investors Bessemer Venture Partners, HV Capital, Earlybird, Notion Capital, ABN Amro Ventures, and 10x Capital.


For media inquiries please contact:

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Press contact Upvest

‍Julieta Varsano

‍press@upvest.co 

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Press contact bunq

‍press@bunq.com
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Press contact Ginmon

‍Sascha Dettmar

‍presse@ginmon.de‍