Scalable Capital Pioneers AI-Powered Investment Platform

Scalable Capital, a leading German neobroker managing over €60 billion for 1 million customers, has become the first bank in Europe to open its investment platform directly to external artificial intelligence assistants. The new feature, dubbed “Agentic Investing,” allows users to connect ChatGPT, Claude, or Grok to their brokerage accounts, enabling AI-driven portfolio analysis and management through natural language prompts.

The integration follows a growing trend among fintech firms seeking to leverage generative AI for enhanced customer experiences. While customers still maintain full control with explicit confirmation required before every trade, the platform’s capabilities extend beyond basic research – now including performance benchmarking, savings plan calculations, and even limit order adjustments handled through conversational interfaces.

“This is a first step toward deeper AI integration,” explained Scalable Capital co-CEO Erik Podzuweit in remarks to Reuters. “We envision a future where customers can seamlessly manage their finances with the help of intelligent assistants.” The architecture utilizes the Model Context Protocol, an emerging open standard that facilitates secure connections between AI systems and external services.

US Brokerages Follow Suit

The move aligns with similar developments in the United States, where Robinhood launched Agentic Trading earlier this year allowing outside AIs to manage dedicated sub-accounts. Other platforms like Public have also introduced AI agents capable of automated trading based on user-defined instructions.

While Interactive Brokers has taken a more conservative approach with its Ask IBKR tool focusing on portfolio analysis rather than direct trade execution, the overall direction indicates a convergence toward AI-powered investment management across the industry.

Power Users Lead Adoption

The trend caters to an increasingly sophisticated user base – particularly “power users” who already leverage AI for multiple tasks. According to PYMNTS Intelligence, this group represents 10% of all consumers but accounts for 19% of millennial investors actively managing personal investments.

As more mainstream customers adopt AI-driven financial tools, brokerages are positioning themselves to capture a significant share of the evolving investment landscape.