Scalable Capital Secures Full Banking License, Expanding Financial Services

Scalable Capital, once known primarily as a neobroker, has officially received a full banking license from the BaFin regulatory authority in Germany. The new license enables the firm to offer both deposit and credit services, marking a significant shift in its business model and supporting its broader ambitions within the financial technology sector.

The licensing approval, granted on September 10, 2025, allows Scalable Capital to compete more directly with traditional banks by providing customers with comprehensive banking solutions including savings accounts, loans, and investment products. This move is part of Scalable's strategy to diversify its offerings beyond brokerage services and capture a larger share of the financial services market in Germany.

In response to the announcement, a company spokesperson highlighted that the new capabilities will enhance customer experience by integrating various financial products seamlessly. This development comes at a time when consumer demand for digital banking solutions is on the rise, further positioning Scalable Capital to attract a growing clientele.

As the fintech landscape in Germany continues to evolve, Scalable Capital's transition to a full-service bank signifies not only its growth but also the increasing trend of digital firms entering traditional banking spaces. Industry analysts anticipate that this could lead to heightened competition and innovation within the sector, as more neobrokers seek similar licensing to expand their services.

Currently, Scalable Capital aims to launch these new services soon, signaling an exciting phase for the company and its customers, as well as transforming the competitive dynamics in the German banking industry.