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Scalable Capital raises €60m in new funding

Munich based digital wealth management platform raised €60m in new funding led by Balderton. 

"Today, Scalable Capital, which started as a digital wealth management platform, now describes itself as a full-service brokerage. It has 1.2 million savings plans on the platform, which it tells me works out to over 600,000 customers, and close to €17 billion under management, with products covering ETFs, stocks, funds, bonds, cryptocurrencies and derivatives, and loans."

Tags

wealth management, europe