US EditionScalable Capital Is Now a Bank
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The Munich-based Neobroker Scalable Capital has received a full bank license from the ECB – and is thus planning the next growth boost.
The Neobroker Scalable Capital receives full bank credit from the ECB and, as a result, expands its offering by up to 100,000 euros. From October onwards, Prime customers will receive unlimited interest rates of two percent, while trading times will increase. (Continue reading)
Scalable Capital (website) has received authorization from the ECB for deposit-taking and lending business. This makes the company a CRR credit institution (full-service bank) supervised by the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank. The banking license enables Scalable Capital to provide all investment and banking services from a single source: In addition to being responsible for... The article "Scalable Ca…
The neobroker Scalable Capital is now a fully-fledged bank. Scalable Capital has just received a full banking license from the European Central Bank (ECB), as the company announced. Accordingly, the company intends to expand its offerings via the app, which already includes... Read the article: Scalable Capital is now a fully-fledged bank You can support us with every purchase you make via Amazon. Your price remains the same, and we receive a sm…
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FinanceFWDRivals N26 and Trade Republic already had one, and now Scalable Capital is also receiving a full banking license. This will enable the Munich-based fintech to significantly expand its business and offer all investment and banking services from a single source.
Scalable Capital is Now a Bank
Scalable Capital has been granted authorisation by the ECB to conduct deposit and lending business. This makes Scalable Capital a CRR credit institution (full bank) supervised by the German Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank. The banking licence enables Scalable Capital to provide all investment and banking services from a single source: alongside responsibility for account management, trading, clearing, …
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