Scalable Capital appoints former Goldman Sachs banker as Country Manager for Italy

Munich, 16th March 2022 Scalable Capital, a leading fintech company in Europe, introduces Alessandro Saldutti in the role of Country Manager for Italy. Alessandro worked at the US investment bank Goldman Sachs, in their Zurich offices, managing wealth for highly affluent private clients, family offices, foundations and trusts. Born in Rome, Alessandro studied in Milan, Nice and Sao Paulo and graduated in Finance at Bocconi University. As Country Manager of Scalable Capital he will be responsible for the growth and management of the fintech company in the Italian market.

"Financial markets have always been an important instrument for wealth creation, but several barriers have meant that until now only a few could benefit from them. Scalable Capital was founded with the aim of breaking down these barriers, enabling anyone to become an investor. It is for this reason that I am so excited to embark on this new path," commented Alessandro Saldutti, Country Manager Italy Scalable Capital.

Scalable Capital uses technology to facilitate access to the world of investment. The Broker allows clients to invest autonomously in stocks, ETFs, cryptocurrencies and funds and to set up programmable savings plans. While wealth management, which will be available in Italy later this year, will allow people to entrust their savings to Scalable professionals who, based on the financial goals specified by clients, will invest in diversified, cost-effective ETF portfolios and, if desired, according to sustainability criteria.

"With Alessandro's appointment at the helm of Scalable Capital Italia we are continuing our mission to democratise access to financial markets and become the leading investment platform in Europe. Italy is a key market for us and Alessandro will be able to leverage his experience to best serve our clients and drive our growth in the country," says Erik Podzuweit, co-CEO and co-Founder of Scalable Capital.

About Scalable Capital

Scalable Capital is a leading digital investment platform in Europe that makes investing easy and affordable for everyone. With the Scalable Broker, customers can trade shares, ETFs, funds, cryptocurrencies and derivatives independently and thus compile their own portfolio. They can have their savings professionally invested via the digital wealth management service. More than 500,000 customers already use the services. Scalable Capital was founded in 2014 and is already active in Germany, the UK, France, Spain and Austria. The investment firm, which is supervised by BaFin and the Bundesbank, has more than 6 billion euros on its platform. In addition to its business for private customers, the company develops B2B solutions. Its long-standing partners include ING, Barclays Bank in the UK, the robo-advisor Oskar and the Santander Group in Spain. Scalable Capital employs more than 380 people at its offices in Munich, Berlin and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they work to enable everyone to become an investor.

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Ina Froehner
Scalable Capital
Head of Communications

Team Lewis Italy