The initiative allows UK-based users to invest in domestic equities starting from as little as GBP 1. Previously, Webull UK focused mainly on providing access to US and Asian equities. By integrating with Upvest’s API, the company aims to broaden its offering for retail investors.
Upvest’s Expansion in the UK Market
Operating across 20 European markets and processing over two million investment orders weekly, Upvest is planning a significant increase in business volume by the end of the year. This expansion includes additional client launches targeted at both fintech companies and traditional financial institutions.
Upvest officials view this collaboration with Webull UK as part of their broader strategy to simplify access to investment tools for retail clients. The partnership not only enables Webull users to start trading in UK assets but also lays a foundation for future product developments.
From Webull’s perspective, the partnership marks an important step toward offering a wider range of investment options to local investors. This includes exposure to both domestic equities and ETFs. By leveraging Upvest’s infrastructure, Webull can expand its service offerings and support more diverse portfolio strategies for users.
The Webull Group operates in numerous global markets—covering the United States, Australia, and Asia—and currently serves over 24 million registered users worldwide.
In December 2024, Upvest announced a EUR 100 million Series C funding round. This funding, led by Hedosophia and supported by Sapphire Ventures, among others, aims to help Upvest expand its team, enhance product offerings, strengthen its presence in the UK market, and deepen collaborations with financial institutions.