The UK
subsidiary of digital investment platform Webull has teamed up with trading
infrastructure provider Upvest to bring LSE-listed stocks and exchange -traded
funds (ETFs) to its platform for the first time, allowing British investors to buy
fractional shares starting at just £1.
Webull UK Adds Domestic
Stock Trading Through Upvest Partnership
Webull’s UK
operations are expanding beyond their traditional focus on US and Asian
markets. UK users can now access domestic stocks and ETFs through Upvest’s
investment API, which handles the technical infrastructure behind the scenes.
Webull
serves over 24 million users globally across 14 licensed markets, offering
round-the-clock access to financial markets. The platform has built its
reputation on providing retail investors with sophisticated trading tools
typically reserved for institutional players.
Nick
Saunders, Webull UK’s chief executive, described the partnership as a
“significant milestone” in democratizing investing for UK customers.
“By integrating Upvest’s robust infrastructure, we’re giving UK investors
a more comprehensive choice to fit their investment needs,” he said.
The
fractional trading feature addresses a common barrier for new investors who may
be priced out of expensive individual shares. Instead of needing hundreds or
thousands of pounds to buy a single share of a major company, users can now
invest small amounts in portions of shares.
For Webull
UK, it is another product update, after
launching exchange-traded products and saving features last year.
First Revolut, Now Webull
For Upvest,
this represents its second major UK client win after securing regulatory
approval from the Financial Conduct Authority (FCA ) last year. The Berlin-based
company already works with Revolut’s UK operations and processes more than 2
million orders weekly across 20 markets. In September 2024, it also partnered
with European neobank bunq, which entered the wealth management space.
“At
Upvest, our mission is to make investing as easy as spending money,” said
Symmie Swil, Upvest’s UK general manager, who
joined the team in March. “This partnership with Webull – one of the
world’s fastest growing investment platforms – not only brings us one step
closer to that goal, but also gives us a strong head start in the UK.”
Upvest has
been expanding aggressively in the UK and plans to triple its weekly order
processing capacity by year-end and expects to announce additional UK client
launches before 2025 concludes.
Founded in
2017, Upvest employs over 200 people across offices in Berlin, London, and
Tallinn. The
company raised €100 million in Series C funding last year, led by
Hedosophia and Sapphire Ventures, to fuel its European expansion plans.
The UK
subsidiary of digital investment platform Webull has teamed up with trading
infrastructure provider Upvest to bring LSE-listed stocks and exchange -traded
funds (ETFs) to its platform for the first time, allowing British investors to buy
fractional shares starting at just £1.
Webull UK Adds Domestic
Stock Trading Through Upvest Partnership
Webull’s UK
operations are expanding beyond their traditional focus on US and Asian
markets. UK users can now access domestic stocks and ETFs through Upvest’s
investment API, which handles the technical infrastructure behind the scenes.
Webull
serves over 24 million users globally across 14 licensed markets, offering
round-the-clock access to financial markets. The platform has built its
reputation on providing retail investors with sophisticated trading tools
typically reserved for institutional players.
Nick
Saunders, Webull UK’s chief executive, described the partnership as a
“significant milestone” in democratizing investing for UK customers.
“By integrating Upvest’s robust infrastructure, we’re giving UK investors
a more comprehensive choice to fit their investment needs,” he said.
The
fractional trading feature addresses a common barrier for new investors who may
be priced out of expensive individual shares. Instead of needing hundreds or
thousands of pounds to buy a single share of a major company, users can now
invest small amounts in portions of shares.
For Webull
UK, it is another product update, after
launching exchange-traded products and saving features last year.
First Revolut, Now Webull
For Upvest,
this represents its second major UK client win after securing regulatory
approval from the Financial Conduct Authority (FCA ) last year. The Berlin-based
company already works with Revolut’s UK operations and processes more than 2
million orders weekly across 20 markets. In September 2024, it also partnered
with European neobank bunq, which entered the wealth management space.
“At
Upvest, our mission is to make investing as easy as spending money,” said
Symmie Swil, Upvest’s UK general manager, who
joined the team in March. “This partnership with Webull – one of the
world’s fastest growing investment platforms – not only brings us one step
closer to that goal, but also gives us a strong head start in the UK.”
Upvest has
been expanding aggressively in the UK and plans to triple its weekly order
processing capacity by year-end and expects to announce additional UK client
launches before 2025 concludes.
Founded in
2017, Upvest employs over 200 people across offices in Berlin, London, and
Tallinn. The
company raised €100 million in Series C funding last year, led by
Hedosophia and Sapphire Ventures, to fuel its European expansion plans.
This post is originally published on FINANCEMAGNATES.
