EU sovereignFintech & NeobanksHeadquarters: DE

Scalable Capital: sovereignty score and 8 European alternatives

Scalable Capital is an online investment platform based in Munich. Its offer includes a broker for ETF and securities portfolios, a managed wealth service, savings accounts, consumer credit and a retirement account. The services are offered to private customers through Scalable Capital Bank GmbH, the entity named in the German site's legal notice, and are accessed online.

Scalable Capital Bank GmbH has its seat in Munich, Germany, and is registered in the Munich commercial register under HRB 217778. Its managing directors are named in the legal notice. The website does not name a majority shareholder, and the sources reviewed do not identify one. The privacy notice states that customer data is generally stored in a German data centre in Frankfurt am Main, and that processing in the USA cannot be excluded in individual cases for some service providers. For a European organisation, the provider is German, with US processing limited to specific providers as the privacy notice describes.

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Sovereignty score

59 / 1000 = high exposure
100 = sovereign

Jurisdiction SOV-2100
Headquartered in the EU: European law applies
Data residency SOV-350
Hosting inside and outside Europe (EU, US)
Cryptographic key sovereignty SOV-360
Key management with a European vendor
Freedom from lock-in SOV-640
Closed source: switching requires data migration
Source & runtime sovereignty SOV-4 · SOV-645
Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 10, 2026

Headquarters	DE (EU)Verified by hand
Sovereignty model	Vendor-hosted (EU)Verified by hand
Data hosting	EU, USVerified by hand
Open-source	NoVerified by hand
GDPR-compliant	YesVendor-stated
Category	Fintech & Neobanks
Type	Product
Website	de.scalable.capital ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Scalable Capital

The European alternatives to Scalable Capital come from our knowledge base of over 6,800 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

116 European Fintech & Neobanks vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Scalable Capital

Scalable Capital is headquartered in DE and therefore falls under European law: the GDPR, NIS2 and the Data Act. No foreign legislation can compel access to your data.

Scalable Capital hosts data in EU, US. Exactly what stays within the EU — and what does not — is defined by the vendor's data processing agreement and sub-processor list, not by a setting you control yourself; check those documents for the precise scope, including backups, logs and support access.

Scalable Capital is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Scalable Capital together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Scalable Capital?

It depends on your use case. Strong EU alternatives to Scalable Capital include 1822direkt, ActivoBank and Air Bank. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Scalable Capital?

Our list of EU alternatives to Scalable Capital is mostly commercial options. Browse the category on the map for open-source choices.

Is Scalable Capital GDPR-compliant and where is the data hosted?

Scalable Capital is headquartered in DE (EU) and hosts data in EU, US. That makes Scalable Capital an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 10, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Fintech & Neobanks

Fintech & Neobanks: Digital banks, neobanks, money transfers and fintech services. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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