PANews reported on June 3 that according to TFN, German digital wealth management platform Scalable Capital has completed a 155 million euro E round of financing, led by Sofina and Noteus Partners, with participation from existing investors Balderton Capital, Tencent and HV Capital, bringing Scalable Capital's total investment to more than 470 million euros. This round of financing 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 investment capital.