Munich fintech opens London office

Munich-based fintech Scalable Capital has announced the opening of its London subsidary which is open to British retail investors.

The new subsidiary, Scalable Capital Limited, is subject to FCA regulation and offers UK investors access an investment approach which aims to reduce costs by replacing traditional tasks of the investment team with a technology driven approach.

The new team is led by Adam French, managing director and co-founder, who previously worked as executive director in the Trading division at Goldman Sachs, UK co-foudner Simon Miller, previously vice president at Barclays Capital, Manuela Rabener, CMO and UK co-founder, previously founder and CEO at Westwing Russia.

The cost structure of the offering resembles that of the Munich-based parent, including a 0.75% charge at a minimum investment of €10.000.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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