Scalable Capital lands €155m in funding

Scalable Capital lands €155m in funding

Scalable Capital, a Germany-based digital investment platform, has secured €155m in a new funding round as it seeks to bolster its position as a leading retail investment provider across Europe.

The round, the company’s largest to date, was led by global investment firm Sofina and growth equity specialist Noteus Partners. Existing backers including Balderton Capital, Tencent and HV Capital also participated, reaffirming their ongoing support. With this latest injection, Scalable Capital has now raised over €470m in total, equivalent to more than $535m.

Founded in 2014, Scalable Capital offers retail investors a comprehensive platform that enables them to invest in a wide range of assets, including ETFs, stocks, bonds, digital assets, derivatives, and private equity. Its flagship products include the Scalable Broker, which offers affordable, professional-grade trading services, and Scalable Wealth, its digital wealth management solution. The platform now serves over one million clients and manages more than €30bn in assets.

Scalable Capital founder and co-CEO Erik Podzuweit said, “Noteus Partners and Sofina perfectly complement our global investor base. The recent funding round is a clear endorsement, and an important step on our path to becoming the leading retail investment platform in Europe.”

Scalable Capital founder and co-CEO Florian Prucker said, “Low-cost, broadly diversified ETFs, free access to financial knowledge, stock exchanges tailored for retail investors, and technology driven investment platforms like Scalable Capital have fundamentally improved access to capital markets for millions of retail investors. To accelerate this development, we will continue to invest in our fully verticalized platform with the additional capital.”

Podzuweit added, “Through our investment platform and additional new products, we’ll be able to offer even more people in Europe the best options for their investments. We have a firm focus on wealth creation and saving for retirement for the whole family.”

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