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BlackRock helps Scalable Capital edge funding past €66m

The latest investment by the world's largest asset manager will enable the robo-adviser to invest more in talent

Scalable Capital, the digital wealth-management platform, has raised another €25m in funding from existing shareholders, including BlackRock.

The company launched in 2016 and manages more than €1.5bn in assets across 50,000 client portfolios. BlackRock, the world’s largest fund manager, with $6.5tn in assets, made its first investment in Scalable in June 2017.

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