Digital wealth management platform Scalable Capital, which covers crypto business, completes €155.00 million Series E funding round.

According to TFN, German digital wealth management platform Scalable Capital has completed a €155.00 million Series E funding round led by Sofina and Noteus Partners, with participation from existing investors Balderton Capital, Tencent, and HV Capital, bringing Scalable Capital's total investment to over €470.00 million.

This round of funding will be used to upgrade technology and launch family investment features, including children's investment portfolio services.

Scalable Capital will enhance its AI-driven portfolio management tools and expand API integration to create a more personalized experience for retail and B2B clients. Clients can invest in 8,000 stocks, 2,500 ETFs, 3,500 funds, and cryptocurrencies, with ETFs accounting for more than two-thirds of the invested capital.