“In times of Covid-19, our funding round is a powerful signal; it shows that our focused, digital business model is convincing the investors,” Podzuweit, co-founder and co-CEO of Scalable Capital, said in a statement. To date, Scalable has built out its business as both a B2B and B2C service. For the former, it sells its tech to banks who want to offer a “robo advisor” option to its investor customers.

https://techcrunch.com/2020/07/22/scalable-capital-raises-58m-at-a-460m-valuation-for-its-robo-investment-platform/