Scalable Capital hits $1.4B valuation with Series E
June 10, 2021
Digital wealth manager Scalable Capital has raised over $180 million in a round led by Tencent. TechCrunch reported that the deal values the German startup at $1.4 billion. Scalable Capital offers tools to monitor and manage portfolios for those investing in shares, as well as manage trades and exchange-traded funds for a flat fee. It has secured over $320 million in total VC funding.