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October 16, 2025

BlackRock-backed Scalable Capital eyes European listing after securing banking licence

Last month, the Munich-based wealth platform became a bank. An IPO could be on the cards next.

Tom Matsuda

5 min read

An initial public offering in Europe would be the “ideal scenario” for Munich-based wealthtech Scalable Capital, co-CEO Erik Podzuweit tells Sifted, as it weighs up potential exit options after securing a €1.5bn valuation this summer.

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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