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Berlin-based Upvest, which offers banking-as-a-service APIs, announces a $42M Series B led by Bessemer and says it has secured securities and crypto licenses (Amy O’Brien/Sifted)

Amy O’Brien / Sifted:
Berlin-based Upvest, which offers banking-as-a-service APIs, announces a $42M Series B led by Bessemer and says it has secured securities and crypto licenses  —  Upvest is part of the hyper-competitive club of banking-as-a-service (BaaS) fintechs that provide the core banking infrastructure for finance companies behind-the-scenes.