With the Neo-Broker of Munich Fintechs Customers can trade over 6,000 stocks, more than 1,600 ETFs, 2,200 funds and cryptocurrencies for 99 cents per transaction or with a monthly flat rate of 2.99 euros.
“We want to enable everyone to become an investor – across Europe,”
says Erik Podzuweit, Co-founder and CEO of Scalable Capital.
"Retirement planning and savings affect everyone. The need for an affordable and easy way to build wealth extends across Europe. In both markets, we see a strong desire for investment alternatives to savings accounts. We are meeting this need with our broker and crypto offerings."
To support its expansion, Scalable Capital has built an international team in Berlin over the past few months. More than 30 employees from the respective target markets already work there.
The Munich-based fintech was founded in 2014 by Erik Podzuweit, Florian Prucker, Adam French, and Stefan Mittnik. Before launching its neo-broker, Scalable Capital was primarily active in automated investment with ETFs. The company currently offers its clients trading in financial market products, savings plans, and fixed-income investments.
