In a significant move to demystify financial markets, Scalable Capital, a leading European digital investment platform, has launched a new AI-powered feature called “Insights.” The tool, powered by OpenAI models, is designed to provide real-time, context-specific answers to user questions directly within the Scalable Broker interface, making it the first European broker to embed generative AI in this way.
Insights aims to simplify access to complex financial knowledge for both novice and experienced investors. Instead of navigating endless search results, users can simply type their questions into a search bar labeled “Ask Insights.” The AI then draws on various sources, including the justETF knowledge portal, news from dpa-AFX, and Scalable Capital’s own FAQs, to provide immediate and relevant responses. For example, a user could ask, “How will rising interest rates affect my portfolio?” and receive a clear, concise answer, often with links to relevant securities or further information.
This new tool is a game-changer for financial education, positioning it directly where it’s most needed—at the point of investment. “With Insights, we are simplifying access to financial knowledge and thus making private investing more accessible overall,” said Julius Weller, Vice President Broker at Scalable Capital. “Our generative AI model allows us to answer questions in the very place where they arise.”
It’s a step toward democratizing financial literacy, helping beginners get a foothold in the stock market and enabling experienced investors to quickly find specific information and stay up-to-date with market news. Scalable Capital emphasizes that Insights is a knowledge tool, not a source of investment advice. The feature is available to all users across all markets where the platform operates and in multiple languages.
By integrating this cutting-edge technology, Scalable Capital reinforces its commitment to leveraging innovation to empower its over one million users. This launch follows a recent funding round, bringing the total investment in the company to over €470 million, further solidifying its position as a major player in the European fintech landscape.
Scalable Capital is a leading digital investment platform in Europe. It provides private individuals with easy and affordable access to professional investing. The platform offers a low-cost broker, digital wealth management services, and other financial products. Founded in 2014, Scalable Capital is headquartered in Munich, with offices in Berlin, Vienna, and London.
