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BlackRock-backed robo-adviser taps into banks

Scalable Capital is expanding its product range through a tie-up with deposit marketplace Raisin

Scalable Capital, a robo-adviser backed by the world’s largest fund manager, is partnering fellow German fintech firm Raisin to expand into the savings market.

Scalable, which provides automated financial advice online, will add Raisin to its site and app to enhance its wealth management service. Raisin offers customers access to fixed-term savings products from more than 80 European banks.

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