Scalable Capital — Cyborg Score 8/10

Strong
Digital Investment and Brokerage Platforms

Strategic Profile

Over one million clients have entrusted more than €30 billion to the platform. Scalable Capital has secured a full banking licence from the European Central Bank, allowing it to expand services beyond investments to include deposit-taking and lending operations across Europe. Leadership has positioned the firm as advancing toward becoming the leading retail investment platform in Europe, with plans to introduce new products in the near future.

Cyborg Score Rationale

The company has raised $550M from investors like HV Capital, BlackRock and TEV Ventures at a current valuation of $1.4B. In 2025, Scalable Capital secured €155 million in what was one of the largest investment rounds in the German fintech market. Achieving a full EU banking licence (September 2025) and expanding into lending and deposit services position Scalable Capital as a de facto neobank competitor with strong capital backing.

Top Insights

  • Full EU banking licence approved; Scalable Capital Bank began operations under BaFin and Deutsche Bundesbank supervision on October 1, 2025, enabling deposit-taking and lending expansion.
  • Launched overnight savings account with 2.50% interest (March 2026) and partnered with BlackRock for private equity offerings (February 2025).
  • Co-launched World ETF with DWS and MSCI (December 2024) and unveiled European Investor Exchange for retail investors (December 2024).
  • Employs over 700 people across Munich, Berlin, Vienna, Milan, and London as of the most recent data.

Named Competitors

  • Freetrade — Commission-free investment platform for stocks and ETFs
  • Trading212 — Online trading and investing platform for stocks, ETFs, and crypto
  • BUX — Mobile investment app for stocks and crypto
  • Lightbox — Commission-free investment app for stocks and ETFs
  • Revolut — Digital banking and investment platform offering stocks, ETFs and crypto
  • Interactive Investor — Multi-asset investment platform for stocks, ETFs, funds and ISAs

Recent Developments

  • (March 2026) Launched overnight savings account offering 2.50% annual interest
  • (September 2025) Secured full EU banking licence from European Central Bank
  • (September 2025) Raised €155 million (approximately $175 million) in Series F funding from Sofina and Noteus Partners
  • (December 2024) Unveiled European Investor Exchange for retail investors and co-launched proprietary World ETF with DWS and MSCI

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