Germany’s Scalable Capital secures $65m in Series E extension
The raise follows on from the company’s $180 million Series E round in June 2021.
The raise follows on from the company’s $180 million Series E round in June 2021.
A potential deal would align with the bank’s continued development of its wealth services over the past year.
This latest funding round brings the firm’s total capital raised to over $320 million.
The robo-adviser will focus on growing the business in Germany.
The start-up says it has more than $2 billion under management on its platform.
Blackrock has increased its initial investment.
Gruetzi mitenand! The UK-based robo advisor is in an Alpine arrival.
ING will start a partnership with online wealth manager Scalable Capital as the bank plans a digital investment solution for its retail customers in Germany. Customers of ING in Germany will be able to register in less than 15 minutes through a paperless process. With a minimum investment of €10,000 they can monitor their portfolios […]
Some people have got deep pockets, because the funding fun never ends. Our latest round-up features Soldo, Atom Bank, British Business Bank, BlackRock and Scalable Capital. Multi-user spending account, Soldo, has reported a Series A funding round of $11 million, led by Accel and includes participation from Connect Ventures, InReach Ventures, U-Start and R204 Partners. […]