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Erik Podzuweit is the Co-Founder and Co-CEO of Scalable Capital, a digital wealth management platform based in Munich, Germany. Before establishing the fintech company in 2014, he served as the Co-CEO of the German business division at e-commerce startup Westwing Home & Living. Previously, he spent seven years as an Executive Director in the equities division at Goldman Sachs, working across trading floors in London and Frankfurt. Under his leadership, Scalable Capital reached a $1.4 billion unicorn valuation in 2021 and currently manages over €15 billion in assets for more than one million clients. In December 2023, the neo-broker secured a €60 million equity extension round led by Balderton Capital to fund its ongoing European expansion. His career centers on scaling retail investing technologies, robo-advisory services, and accessible brokerage platforms across the broader European financial markets.
Erik Podzuweit stands as a pivotal figure in the European fintech landscape, widely recognized as the Co-CEO and Co-Founder of Scalable Capital. His leadership has been instrumental in transforming Scalable Capital into one of the continent's leading digital investment platforms, making sophisticated wealth management accessible to a broad audience.
At Scalable Capital, Erik Podzuweit's role encompasses strategic direction, product innovation, and the overall growth of the company. He is deeply committed to leveraging technology to simplify investing, offering services ranging from automated wealth management to a comprehensive brokerage platform. His investment focus areas are primarily within fintech, digital wealth management, and the broader financial technology sector, aiming to disrupt traditional banking models and empower individual investors.
Podzuweit's career background is marked by significant experience in finance and entrepreneurship. Before co-founding Scalable Capital, he honed his expertise at Goldman Sachs, where he worked in the investment banking division. This foundational experience provided him with a deep understanding of financial markets and corporate strategy. Following his tenure at Goldman Sachs, Erik transitioned into the startup world, notably serving as Managing Director at Westwing, a successful e-commerce company. This blend of traditional finance and agile startup experience equipped him with a unique perspective, crucial for navigating the complexities of building a regulated fintech company from the ground up.
His entrepreneurial journey culminated in the founding of Scalable Capital in 2014, alongside Florian Prucker and Adam French. Under his guidance, the company has achieved remarkable milestones, securing substantial funding rounds and expanding its user base across multiple European countries. Scalable Capital's offerings, including ETF portfolios, crypto investing, and prime brokerage services, reflect Podzuweit's vision for a comprehensive, digital-first investment ecosystem. While Erik Podzuweit is not an angel investor in the traditional sense, his most notable 'investment' is undoubtedly Scalable Capital itself, which he has nurtured into a multi-billion-euro enterprise, demonstrating a profound impact on how people manage their finances. His work continues to shape the future of digital investing, emphasizing transparency, efficiency, and user empowerment.
Erik Podzuweit is the Co-CEO and Co-Founder of Scalable Capital, a prominent digital investment platform based in Europe. He is a leading entrepreneur in the fintech sector.
Erik Podzuweit's primary focus is on digital wealth management, fintech innovation, and making investment solutions accessible to a wider audience. His most significant 'investment' is the growth and development of Scalable Capital itself.
Erik Podzuweit works at Scalable Capital, where he holds the position of Co-CEO and Co-Founder. Scalable Capital is a leading digital investment platform operating across Europe.
