← All cases/Uptomore
IndustryFinTech · Investment app
ContextEU retail investors
Engagement10 months
PublishedApril 2026

Uptomore × Outbound Empire:
€5M AUM sourced in 10 months.

Uptomore is the app that makes investing as easy as saving. In 10 months of cold outbound to salaried professionals, we acquired 380 retail investors who funded their accounts within 30 days of signup. Cumulative AUM: €5M. Blended CAC per funded account: €68.

Uptomore.
Silvester V. · Private investor, Uptomore user
Cumulative AUM
€5M
From 380 retail investors acquired via cold outbound
Avg account size
€13.2K
Funded within first 30 days
Reply rate
12.6%
To high-intent finance ICP
Cost per funded account
€68
All-in, blended

Fintech distribution is saturated.

Uptomore is a Dutch-rooted investment app with a single thesis: investing shouldn’t be exciting. 4-minute account setup, low fees, no gamification, no crypto, no options. For salaried professionals who had been told for a decade that they needed a financial advisor to start investing — it was a revelation.

But distribution was a war. Every neo-broker in Europe was shouting the same promise (low fees, simple UX) on the same channels (Meta, Google, TikTok). CAC on paid social had tripled in 18 months. Uptomore had great retention and word-of-mouth, but the top-of-funnel was starving.

SEO against eToro, Trade Republic, Revolut Invest was unwinnable in the short term. Content marketing was slow. They needed a channel that reached salaried professionals with investable savings (€50K+), got past the skepticism, and converted to funded accounts — without burning the cost-per-acquisition economics.

The brief: 300 funded accounts in 12 months, €60 blended cost per funded account or less. Outbound, executed properly, was the only math that worked.

Outbound Empire as the acquisition engine

We started June 3, 2025. Our job: reach 2,000 salaried professionals across Benelux and France with a message that made them feel stupid for not having started investing yet — without the crypto-bro energy, without the "lifestyle" bait.

01
Weeks 1 – 3
Audience & enrichment

Mapped salaried professionals at tech, consulting, and engineering firms in NL/BE/FR with LinkedIn-indicated 5+ years tenure. 2,140 decision-level professionals enriched, scored for investable capital.

02
Weeks 3 – 5
"Boring beats exciting"

Copy written around Uptomore’s core contrarian thesis: investing is boring, and that’s the point. Each sequence ended with a 4-minute setup CTA — not a demo, not a call. Friction to the product, not to us.

03
Weeks 5 – 20
Launch & compound

Reply rate stabilized at 12.6% by week 8. Reply-to-funded-account conversion: 21%. Avg first deposit: €13.2K. By month 6, 180 accounts funded.

04
Months 6 – 10
Testimonial-driven loop

Each new user who deposited €10K+ got a personalized follow-up asking for a 2-line testimonial. Those testimonials became the next wave’s copy. Flywheel.

€5M AUM, 380 accounts, €68 CAC.

AUM sourced over time
€0 €5M
Cumulative AUM from outbound-sourced accounts. Linear early, compounding after month 6.
Funded accounts
0 380
Each funded within 30 days of signup. No trialers, no ghost accounts.
Reply rate over time
6.4% 12.6%
Copy tightening + testimonial substitution doubled engagement by month 4.
Cost per funded account
€182 €68
As the system compounded, CAC dropped 63%. Well below the €150 Benchmark for EU retail brokers.

Why it worked

Contrarian framing cut through. While every other broker screamed about features, we wrote emails that said "if investing is exciting, you’re doing it wrong." That line alone lifted reply rates by 40%.

The CTA was the product, not a meeting. We didn’t ask for a demo or a call. We linked to a 4-minute signup flow that Uptomore had already optimized. The product closed the deal. We just got them to open the door.

Testimonial loops beat testimonials. We didn’t wait 6 months to run one case study. Every new funded account got asked for a 2-line quote. Those quotes became next month’s copy. The system wrote itself.

I found out about Uptomore through an email from Outbound Empire. Four minutes later my account was open, €450K of my savings were invested for the first time in my life. I’ve recommended it to my whole engineering team.

Silvester V. · Private investor, Uptomore user

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