No Responses Received from Stakeholders by the Commission
In the ever-evolving landscape of finance, Scalable Capital GmbH, a digital investment platform based in Europe, stands out as a trailblazer in the realm of digital wealth management. Founded in 2014 with a mission to democratize wealth management and make investing simpler and more affordable through technology, Scalable Capital has solidified its position as Europe's leading provider of B2B platforms for digital wealth management solutions.
Scalable Capital caters to classic private investors with comprehensive and personalized wealth management services. Their approach is underpinned by an independent selection of the best Exchange-Traded Funds (ETFs), continuously screened from over 2,000 options. This focus on ETFs allows Scalable Capital to offer globally diversified portfolios for long-term wealth accumulation.
The platform's Robo-Advisor and broker services are designed to be accessible and user-friendly, with fast and easy processes available through newly developed apps and web applications. Scalable Broker, in particular, offers a genuine trading flat rate of 2.99 euros per month with no additional fees. Furthermore, customers can save all ETFs traded in Germany permanently and free of charge.
Scalable Capital's success is evident in the impressive numbers. Over one million customers have invested a total of more than 30 billion euros on the Scalable Capital platform. The company's target country is Germany, but its influence extends beyond borders, as evidenced by its partnerships with prominent European institutions such as Barclays, Raiffeisen Bankengruppe Austria, Raisin, ING Germany, Siemens Private Finance, Openbank, Targobank, Oskar, Baader Bank, and finanzen.net.
Nicole Nitsche, the managing director of Payment & Banking at Scalable Capital since August 2021, plays a crucial role in the company's success. With a background in theater studies and previous experience as a director's assistant at the Thalia Theater Hamburg and the head of the press and marketing department of a Hamburg music label, Nitsche brings a unique perspective to her role. She is responsible for the structure, planning, implementation, and conception of all events at Scalable Capital.
The digital wealth management sector in Europe is undergoing a significant transformation, with traditional players modernizing their legacy systems and new digital-native fintech startups pushing innovation. Institutions like Société Générale (SG Forge), Cecabank, and Dukascopy Bank are at the forefront of this change, integrating traditional finance with digital assets and blockchain technologies.
Scalable Capital, with its focus on ETFs and commitment to cost transparency, is a shining example of this digital transformation. By bridging finance and digital technologies, Scalable Capital is delivering future-ready investment solutions that are shaping the future of wealth management in Europe.
Scalable Capital's success in the digital wealth management sector is evident as they continue to innovate and expand their business, offering a genuine trading flat rate for their Robo-Advisor and broker services. As a start-up that focuses on ETFs and cost transparency, Scalable Capital is a trailblazer in the digital transformation of traditional finance, leveraging technology to deliver future-ready investment solutions.
