Erik Podzuweit

Founder, Co-CEO, Scalable Capital
,Germany
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Who Is Erik Podzuweit?

Total Experience21 years
CompanyScalable Capital
CountryGermany

Dr. Erik Podzuweit is a prominent entrepreneur and a key figure in the European FinTech landscape. He is the Co-Founder and Co-CEO of Scalable Capital, one of Europe's leading digital investment platforms. Before venturing into entrepreneurship, Erik built a strong foundation in the traditional finance world at Goldman Sachs, where he was an Executive Director responsible for the firm's ETF and indexing business in Germany and Austria. This experience provided him with deep insights into the inefficiencies and high costs of traditional wealth management, inspiring him to co-found Scalable Capital in 2014. His mission is to democratize investing by making it more accessible, transparent, and affordable for everyone through technology. Erik holds a PhD in Business Administration from the University of Potsdam and is a vocal advocate for long-term, diversified investing.

How Did Erik Podzuweit's Career Path Shape Their Journey?

Erik Podzuweit's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Scalable Capital - Founder, Co-CEO(2014 to Present)
Westwing Home & Living - Co-CEO Germany(2013 to 2014)
Goldman Sachs - Executive Director/Vice President(2008 to 2013)
Department for Statistics and Econometrics, University of Kiel - Tutor for descriptive and inductive statistics(2003 to 2005)
MW2 Consulting Ltd. - Intern(2004 to 2004)

What Are Erik Podzuweit's Key Achievements?

Co-Founding Scalable Capital

In 2014, co-founded Scalable Capital, which has since grown into a leading European neobroker and digital wealth manager. The platform serves hundreds of thousands of customers and manages billions of euros in client assets, successfully disrupting the traditional investment industry.

Achieving FinTech Unicorn Status

Led Scalable Capital through several successful, large-scale funding rounds from premier investors like BlackRock, Tencent, and ING. This culminated in the company achieving a valuation of over $1.4 billion, securing its status as a FinTech 'unicorn'.

Democratizing European Investment

Played an instrumental role in making private investing accessible to a broader retail audience across Europe. By offering low-cost ETF-based investment strategies and a user-friendly platform, he has empowered countless individuals to participate in the capital markets.

Thought Leadership in Digital Finance

Established himself as a respected thought leader in the fields of FinTech and digital wealth management. He frequently contributes to public discourse through keynote speeches, media interviews, and publications, shaping the conversation around the future of finance.

What's Erik Podzuweit's Educational Background?

Finance; derivatives pricing, risk and asset management

University of Warwick - Warwick Business School - Year 2005

Diplom BWL, Finance, Statistics, Controlling

Christian-Albrechts-Universität zu Kiel - Year 2002

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Company Overview

Scalable Capital
Total employees700
HeadquartersMunich
Founded2014

Scalable Capital is a leading digital investment platform in Europe, offering services that make investing easier and more accessible. It provides a robo-advisor for automated portfolio management, a neo-broker for self-directed trading of stocks, ETFs, funds, and cryptocurrencies, as well as high-interest savings products. The platform targets both new and experienced investors, aiming to democratize wealth management with transparent, cost-effective solutions.

Scalable Capital Funding Information
Unknown - Total Funding Raised
$65M - Most recent funding amount
7 - Number of funding rounds
14 Dec, 2022 - Latest funding round
Lead Investors:
BlackRock
Tencent
HV Capital
Balderton Capital
Tengelmann Ventures

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