Scalable Capital, a digital wealth management platform covering encrypted businesses, has completed a € 155 million Series E funding round

According to TFN, German digital wealth management platform Scalable Capital has completed a Series E financing of 155 million euros, led by Sofina and Noteus Partners, with existing investors Balderton Capital, Tencent, and HV Capital participating, bringing Scalable Capital's total investment to over 470 million euros. This round of financing will be used for technological upgrades and the launch of family investment functions, including children's investment portfolio services. Scalable Capital will enhance its AI driven portfolio management tools and expand API integration to create more personalized experiences for retail and B2B clients. Customers can invest in 8000 stocks, 2500 ETFs, 3500 funds, and cryptocurrencies, with ETFs accounting for over two-thirds of their investment capital.