German robo-adviser ING-DiBa has grown its assets under management to €500m ($589m). The platform launched 22 months ago and the firm says a partnership with German bank Scalable Capital has helped it garner €150m in assets, with 7,000 of the lender's customers signing up. The robo-adviser isn't just targeting young investors: more than a third of its clients are reportedly over 55.
German robo-adviser Scalable Capital has grown its assets under management to €500m ($589m). The platform launched 22 months ago and the firm says a partnership with German bank ING-DiBa has helped it garner €150m in assets, with 7,000 of the lender's customers signing up. The robo-adviser isn't just targeting young investors: more than a third of its clients are reportedly over 55.