BrokAIr Reviews

Scalable Capital Review

"Scalable Capital has revolutionized the online brokerage industry by offering a revolutionary robo-advisor service, yet some investors have raised concerns about the firm's pricing structure." Is Scalable Capital really worth the cost?

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Scalable Capital Overview

What is Scalable Capital?

Scalable Capital is an online brokerage that was founded in 2014 by Adam French and Erik Podzuweit. It is a digital wealth manager, meaning it provides automated investment services. Its goal is to make investing easy and accessible for everyone. They offer a range of investment services, such as portfolio management, investment advice, and tax optimization. The company is regulated by the UK’s Financial Conduct Authority and the German Federal Financial Supervisory Authority.

Pros and Cons of Scalable Capital

Public Opinion of Scalable Capital

Overall, the public opinion of Scalable Capital is generally positive. Many users have praised its low fees and user-friendly interface. Many have also commented on its customer service, noting that they are knowledgeable and responsive. On the other hand, some users have noted that its limited access to certain markets can be restrictive.

Newsworthy Events Around Scalable Capital

In 2019, Scalable Capital raised $30 million in a Series C funding round led by Allianz X. In 2020, it launched its own mobile app, making it easier for customers to manage their investments on the go. Additionally, in 2021, it acquired British digital wealth manager Nutmeg in a move to expand its reach in Europe.

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