The Scalable Capital founders: Erik Podzuweit, Florian Prucker and Stefan Mittnik.
© Scalable Capital

Scalable Capital expands in Austria

Scalable Capital is launching its neobroker and crypto offering to the Austrian market. Customers can invest in stocks, ETFs, funds, derivatives, and cryptocurrencies, and set up savings plans.

Scalable Capital was co-founded in 2014 by Austrian Florian Prucker and German Erik Podzuweit. In 2016, the Munich launched its digital asset management service on the German market and a few months later in Austria. Now the fintech is also bringing its neobroker, launched in Germany in 2020, to the Austrian market. A special tax report is provided free of charge for Austrian customers. Florian Prucker, Co-Founder and Co-CEO of Scalable Capital, says:

"Digital asset management radically simplifies the investment process for investors in Austria, too. Now they can customize their portfolio even more or invest their money in crypto through the Scalable Broker."

Scalable Capital offers eight new investment strategies

Scalable now also enables its clients to further customize their digital asset management. Previously, clients could choose between three investment concepts: "Sustainable," "Sustainable with Gold," and "Dynamic Risk Management." Eight additional strategies have now been added to the offering, from which clients can choose:

  • Climate protection: global investment in line with the goals of the Paris Climate Agreement
  • Crypto: Investment strategy based on the world's most important cryptocurrencies
  • Value: Investment strategy focusing on fundamentally undervalued stocks following the example of Warren Buffett
  • All-weather: a robust global portfolio based on Ray Dalio's strategy
  • All-weather + Crypto: the all-weather strategy expanded to include the most important cryptocurrencies
  • GDP Global: global equity portfolio weighted by the real economic output (GDP) of the countries
  • Megatrends: Investment strategy focused on long-term future trends and technologies such as artificial intelligence, biotechnology or robotics
  • Sustainable with Crypto: globally diversified sustainable investment strategies with equity allocations from 0 to 90 percent, expanded to include the asset class of cryptocurrencies

Co-founder and Co-CEO Erik Podzuweit says:

"This offering is aimed at individuals who want to incorporate proven investment concepts like Ray Dalio's 'All Weather Portfolio' or new trends like the addition of crypto investments into their portfolio. This allows us to cover the spectrum from independent investment with an online broker to professional, digital asset management even more comprehensively. We are increasingly becoming a one-stop shop for investments."

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