German robo - adviser Scalable Capital has grown its assets under management to € ##100 m ( $ 589 million ) . The platform launched 22 months ago and the firm says a partnership with German bank ING - DiBa has helped it garner € 150 m in financing , with 7,000 of the lender 's customers signing up . The robo - adviser is n't just targeting young entrepreneurs : more than a third of its clients are reportedly over ##weight .
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.