Flinket partners with Upvest to power fully digital unit-linked insurance products across Europe

• The partnership combines Flinket's unit-linked infrastructure for insurers with Upvest's Investment API, enabling insurers to launch digital insurance-based investment products across any asset class
• myETF, a fully digital unit-linked ETF investment product developed by Flinket, with MGC Mutua as insurer, is the first product to launch, followed by further products with other insurers and asset classes across Europe
• Within their life insurance policy, end users will be able to choose individual ETFs or curated portfolios, with support for automated savings plans

Berlin / Madrid, 13. August 2026 - Plataforma Flinket and Upvest today announce a partnership to enable insurers across Europe to design, launch, and operate fully digital unit-linked products.

Flinket provides the operational and technological platform that allows insurance companies to bring unit-linked products to market in a fraction of the traditional time. Its platform covers the full product lifecycle (onboarding, suitability assessment, policy administration, PRIIPs and IDD documentation and reporting) with the processes required by the European framework for insurance-based investment products built in, supporting insurers' compliance.

Through the integration with Upvest's Investment API, these products can now be built on virtually any investable asset class, from ETFs and other funds to broader portfolios, with any partner insurer. Behind the scenes, Upvest’s investment infrastructure handles order execution, settlement, custody, and more. 

In Spain, the unit-linked structure offers a significant tax advantage: investors can switch from one ETF to another within the policy without triggering a taxable event on each transaction. Tax is only due when the investment is redeemed, allowing returns to keep compounding over time. This makes unit-linked insurance one of the most tax-efficient investment structures currently available on the Spanish market.

Flinket is designed for a broad range of investors. For retail investors, an accessible entry amount and the option of recurring and fractional orders make it easy to start building wealth with no prior experience. For all investors, tax deferral offers a level of efficiency that has historically only been available through more complex or expensive private wealth-management solutions.

At launch, Flinket’s end users will be able to access two investment options within their policy, both compatible with savings plans for automated, recurring, and fractional contributions: 

• Individual ETF selection, allowing each policyholder to build their own strategy by choosing the ETFs they prefer
• Managed portfolios, made up of a selection curated by MGC Mutua and available to invest in with a single click

"The European market is evolving towards much more digital and flexible savings distribution models, but the complexity of building and operating insurance-based investment products remains a major barrier. Solving that challenge will be key to unlocking one of the biggest growth opportunities for the financial and insurance industries over the next decade," said Gabriela Orille, CEO and co-founder of Flinket.

"Our partnership with Upvest enables us to provide our clients with institutional-grade infrastructure to develop digital unit-linked solutions without having to build the entire architecture themselves. For banks, fintechs and insurers, insurance-based savings products represent a recurring revenue stream and foster longer-term customer relationships. Our platform allows them to launch these solutions in months, not years", Orille added.

"What Flinket is building in Spain is a strong example of what becomes possible when modern investment infrastructure meets genuine product innovation. Our role is to handle the complexity behind the scenes so that Flinket can focus entirely on delivering a great experience for insurers - and in turn their policyholders," added Martin Kassing, CEO and co-founder at Upvest.

About Flinket
Flinket is a Spanish insurtech company that provides a digital infrastructure specializing in unit-linked insurance products. Founded in 2021 by professionals with extensive experience in insurance distribution, banking, regulation, and technology, it enables insurers, fintechs, and distributors across Europe to launch insurance-based investment products quickly, digitally, and in full compliance with regulations. It is supported by the founders of Antai Venture Builder, EBISU Digital VC, and MGC Mutua. Flinket operates under three models: its own product aimed at end investors (B2C), white-label solutions for banks and institutions that want to launch their own products under their brand (B2B2C), and technology licensing via API for insurers with in-house teams (B2B).

About Upvest
Upvest is a technology company and investment firm that provides banks, brokers, and wealth managers with modern API-based infrastructure for securities business. In addition to software, it provides trading, custody, and back-office services on behalf of its clients. This enables financial institutions to modernise their securities operations comprehensively and cost-effectively, and to grow profitably. Upvest's clients include fast-growing fintechs such as Revolut, N26, bunq, Webull, and Raisin, as well as digital banks like Openbank and DKB.

Founded in 2017, Upvest has 280 employees and processes over 100 million trades per year. The company continues to be independently managed by its founders Martin Kassing, Dr Til Rochow, and Tobias Auferoth, and is securely financed for the long term by investors including Earlybird and Bessemer Venture Partners.

Flinket Press Contact

Cristina Murgas
cmurgas@bonsaiconsultores.com 

Tatiana Böhm
tbohm@bonsaiconsultores.com

Upvest Press Contact
Julieta Varsano
press@upvest.co

‍