The Munich-based Fintech Scalable Capital has completed its largest financing round to date. The company has received 155 million euros (175 million dollars). The round was led by investors Sofina and Noteus Partners. Previous investors Balderton Capital, Tencent, and HV Capital are also participating again. In total, the company has raised Fintechs to over 470 million euros.
Sofina is an international private equity firm based in Belgium and listed on Euronext Brussels. Noteus Partners is a pan-European investor focused on technology-driven growth companies. Erik Podzuweit, founder and co-CEO of Scalable Capital, says:
"Noteus Partners and Sofina optimally complement our global investor base. This latest financing round is a clear endorsement and an important step on our path to becoming the leading investment platform for private investors in Europe."
New features for private investors
"Low-cost, broadly diversified ETFs, free access to financial knowledge, stock exchanges specializing in retail investors, and digital investment platforms like Scalable Capital, all powered by state-of-the-art technology, have fundamentally simplified access to the capital market for millions of private investors. To accelerate this development, we will continue to invest the additional capital in our fully verticalized platform,"
explained Florian Prucker, Founder and Co-CEO.
With the Scalable Broker Customers can now invest in stocks, ETFs, funds, bonds, cryptocurrencies, derivatives, and private equity. They receive attractive interest rates on deposits with partner banks. Scalable Capital also offers fast and affordable securities loans and, more recently, investments via ELTIFs (European Long-Term Investment Funds). With the launch of the European Investor Exchange at the end of 2024, Scalable Capital has introduced a new exchange tailored to the needs of European private investors. The children's account – a new offering that allows parents to invest on behalf of their children – is scheduled to follow this summer.
Munich-based fintech with a European vision
"We are delighted to support Scalable Capital in facilitating access to investments and equity markets for private investors in Germany and across Europe. With a vertically integrated investment platform and a loyal and engaged user base, Scalable Capital is well positioned for sustained success. We look forward to partnering with the team as Scalable Capital continues to scale and set new standards in investing."
so Zoé Fabian-Frey, General Partner at Noteus Partners. Also Maxence Tombeur, Managing Director at Sofina, comments on the investment:
"Scalable Capital is transforming the way people invest in Europe. Scalable's innovative platform, comprehensive offering, and clear vision for financial inclusion align with Sofina's strategy of supporting high-growth companies with sustainable impact. We look forward to supporting the team in its mission to redefine the future of self-directed investing in Germany and beyond."
Scalable Capital currently employs over 600 people at its offices in Munich, Berlin, Vienna, and London. The platform has over one million clients and manages assets of more than €30 billion.
