{"id":8730,"date":"2020-07-23T08:46:26","date_gmt":"2020-07-23T08:46:26","guid":{"rendered":"https:\/\/fintech.global\/digitalwealthtechforum\/?p=8730"},"modified":"2020-07-23T08:46:26","modified_gmt":"2020-07-23T08:46:26","slug":"scalable-capital-said-to-reach-460m-valuation-after-new-investment","status":"publish","type":"post","link":"https:\/\/fintech.global\/digitalwealthtechforum\/scalable-capital-said-to-reach-460m-valuation-after-new-investment\/","title":{"rendered":"Scalable Capital said to reach $460m valuation after new investment"},"content":{"rendered":"<p><strong>Digital wealth management company Scalable Capital has reportedly raised $58m in a funding round, which values the WealthTech at $460m.<\/strong><\/p>\n<p>The Series D round was supported by a mixture of new and existing investors, according to a report from <a href=\"https:\/\/techcrunch.com\/2020\/07\/22\/scalable-capital-raises-58m-at-a-460m-valuation-for-its-robo-investment-platform\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29\">TechCrunch<\/a>. Investors included BlackRock, HV Holtzbrinck Ventures and Tengelmann Ventures.<\/p>\n<p>Scalable is a European robo-advisor platform, which claims to manage more than $2bn. Users can build a personalised, globally diverse and fully managed portfolio comprised of equities, government bonds, corporate bonds, commodities, real estate and cash.<\/p>\n<p>Scalable\u2019s former equity injection was a $28m round back in 2019 from investors including Holtzbrinck Ventures and Tengelmann Ventures. This was raised to help it grow at a quicker pace.<\/p>\n<p>Since it was founded in 2014, the WealthTech platform has raised a total of $133m in funding.<\/p>\n<p>This investment comes shortly after Scalable Capital revealed a new partnership with Barclays. The bank is leveraging Scalable Capital\u2019s technology to build the Barclays Plan &amp; Invest.<\/p>\n<p>The new service will create a personalised investment plan tailored to a customer\u2019s specific goals and will give customers access to active and passive funds via a managed portfolio.<\/p>\n<p>Last year,\u00a0<a href=\"https:\/\/member.fintech.global\/2019\/09\/20\/scalable-capital-offers-new-fixed-term-deposits-opportunities-through-raisin-deal\/\">Scalable Capital\u00a0<\/a>expanded its product range to include fixed-term deposits through a collaboration with Raisin. The customers can invest into fixed-term deposits through select European banks.<\/p>\n<p>Copyright \u00a9 2020 FinTech Global<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital wealth management company Scalable Capital has reportedly raised $58m in a funding round, which values the WealthTech at $460m. The Series D round was supported by a mixture of new and existing investors, according to a report from TechCrunch. Investors included BlackRock, HV Holtzbrinck Ventures and Tengelmann Ventures. Scalable is a European robo-advisor platform,&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/fintech.global\/digitalwealthtechforum\/scalable-capital-said-to-reach-460m-valuation-after-new-investment\/\" class=\"gdlr-info-font excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":8731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts\/8730"}],"collection":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/comments?post=8730"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts\/8730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/media\/8731"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/media?parent=8730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/categories?post=8730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/tags?post=8730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}