Co-CEO Erik Podzuweit characterized the move as an initial step toward broader AI adoption, acknowledging that some investors remain cautious about granting external models access to their financial data. While he anticipates that AI-driven analysis could lead to improved investment returns, he emphasized that the long-term impact on portfolio performance remains unproven.

Founded in 2014, the Munich-based firm currently manages over €60 billion in assets for more than 1 million clients across Germany, Austria, Italy, Spain, France, and the Netherlands. By lowering barriers to entry with simplified, low-cost digital tools, Scalable continues to challenge established German lenders. The company is already preparing for the next phase of its strategy, which involves embedding these artificial intelligence capabilities directly into its proprietary application.