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SCALABLE CAPITAL SURPASSES €10 BILLION IN CLIENT ASSETS

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Scalable Capital has exceeded the ten-billion-euro mark in client assets. Within one year, the company has more than doubled client assets. With more than 600,000 clients on its platform, Scalable Capital is one of the leading digital investment platforms in Europe and one of the fastest-growing European FinTechs.

‘In just a few years, our assets went from zero to ten billion euros. We’re delighted about this milestone, especially in view of the current challenging market environment. It shows that investors remain focused on their long-term wealth accumulation’,
‘This achievement further motivates us to enhance our offering and expand our investment platform across Europe. The entire team continues to deliver outstanding work. Together, we want to make Europe a continent of investors – and we are just getting started!’
                                          Erik Podzuweit, co-founder and co-CEO of Scalable Capital.

Scalable Capital has worked to enable everyone to become an investor since it was founded in 2014. It has constantly used ETFs and other affordable financial instruments to achieve this goal, first with its digital wealth management system and later with its online broker. Exchange-traded funds (ETFs) are by far the most popular investment category in the Scalable Broker, according to a recent analysis: two-thirds of the clients participate in ETFs that, for example, reflect stock market indices like the MSCI World. In this context, the popularity of ETFs increases with investor age, with over three-quarters of investors between the ages of 18 and 26 investing in ETFs compared to only 60% of investors over the age of 65. The information demonstrates how Scalable Capital’s straightforward and reasonably priced brokerage solution has exposed young investors to long-term and diversified investing.

Scalable Capital has consistently improved its product over the past few years. The company began a cryptocurrency offering at the conclusion of the previous year, following the debut of the neo broker in 2020. Customers can invest in cryptocurrencies with “Scalable Crypto” simply and intuitively thanks to secure access to regulated exchanges in Germany. Since the cryptocurrency securities are kept in the clients’ current brokerage accounts, a separate wallet is not necessary.

A wider range of people can now invest in the capital market thanks in part to the company’s ongoing efforts to remove entry barriers. For instance, the initial 10,000 euro minimum investment requirement for Scalable’s digital wealth management has been greatly decreased. By the end of 2021, any client will be able to start investing through a savings plan with just 20 euros per month. Without a savings plan, one-time deposits can be made for as low as 1,000 euros. Customers of Scalable Broker can use savings plans to invest in stocks, ETFs, and cryptocurrencies starting at just one euro, with no order fees. Scalable Capital has unveiled “Wealth Select,” a digital wealth management platform that includes eight more ETF-based investing strategies. This enables asset management that is even more specifically suited to the preferences of investors.

In addition, Scalable Capital is working to establish itself as Europe’s top digital investment platform. Now, investors may easily and affordably access trading and savings programs in stocks, ETFs, and cryptocurrencies in France, Spain, Italy, and Austria. Thus, the company has already made contact with 60% of the EU’s population.

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