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Tobias Auferoth, CFA

Co-Founder & Managing Director

Tobias Auferoth, CFA is the Co-Founder, Managing Director, and Chief Financial Officer at Upvest, a Series B fintech startup based in Berlin, Germany.13 With 17 years of experience in venture capital, particularly in fintech and crypto, Auferoth has played a significant role in building and investing in multiple startups.1

Career Highlights

  • Co-founded Upvest in 2017, which has raised €100m in Series C funding and is expanding into the UK market.5
  • Previously held positions at Acatus GmbH, XL Health AG, and FinLeap, where he co-founded Savedo.12
  • Spent 7 years in investment banking at Goldman Sachs and UBS in Frankfurt and London.13

Education and Certifications

  • Holds a Diplom-Kaufmann in Business Administration from WHU – Otto Beisheim School of Management.1
  • Completed exchange semesters at WASEDA Business School and UBC Sauder School of Business.1
  • Certified Financial Analyst (CFA) from the CFA Institute.1

Role at Upvest

At Upvest, Auferoth is part of the leadership team building the first European Investment API, which enables financial institutions to offer investment products in their apps.4 The company has processed over 20 million orders on behalf of its clients in 2024 and serves major fintech clients such as Revolut, N26, and bunq.5

Highlights

Aug 20 · linkedin

Almost 20 years after my M&A internship at the Deutsche Bank towers under the leadership of Julian Schoof, I am especially proud to announce our partnership today! 🚀

This partnership gives Upvest’s clients access to comprehensive end-user cash management solutions, virtual IBANs, and foreign exchange services through Deutsche Bank.

💰 Cash management: our clients are enabled to better optimise liquidity, streamline operations, and improve financial control.   💻 Virtual IBANs: instant and easy payment solutions, including matching of incoming pay-ins to accelerate the investment process.   💹 FX services: seamless currency conversions for international investments and attractive costs for Upvest’s clients.

Anica Wenke, Toni Krüger, Julian Lange, Martin Kassing

Related Questions

What inspired Tobias Auferoth to co-found Upvest?
How did Tobias Auferoth's experience at UBS and Goldman Sachs influence his career?
What are some of the key achievements of Upvest under Tobias Auferoth's leadership?
How does Tobias Auferoth's background in venture capital benefit Upvest?
What challenges has Tobias Auferoth faced in the fintech industry?
Tobias Auferoth, CFA
Tobias Auferoth, CFA, photo 1
Tobias Auferoth, CFA, photo 2
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Location

Berlin, Berlin, Germany