online investment manager | personalized investment strategy | 24/7 monitoring and risk management
Find a Way to Change a rather old-fashioned concept
Even though there were quite a number of fintech startups founded in the past couple of years it is still a challenge to run up against the big players in the banking industry. Scalable Capital is one of them and was founded in December 2014. Their idea was to change the concept of investing and portfolio management and make it applicable to our modern digitized world.
Reduce emotional stress when it comes to investing
When it comes to investing and managing their assets a lot of people are of course very cautious. Therefore Scalable Capital wanted to take away their fears and help them to better understand risks. Consequently their vision was to make investment management easier than ever. At the heart of their vision stood the idea to make use of technology at every step of the process. And that is exactly what makes Scalable Capital’s product stand out.
Scan IBANs & Passports Using Anyline’s Scanner
It is the first, and only, investment service to use a technology-driven, data-led investment approach. What does this mean? It means that a team of more than 40 experts with financial and technical backgrounds built a service that makes investment
management cheaper, more accessible as well as more convenient for its customers. Not only do they offer a great online portal where customers can overlook their portfolio management, but they also offer a mobile app. Their app is available on iOS.
Scalable Capital realized that it would be very annoying to type in all the personal information (IBAN, passport infos etc.) and data needed for the onboarding process. As they were already making use of great technology they thought why not make this step technology-based as well. And this is where Anyline came in. Consequently we offered Scalable Capital an incredibly fast and accurate optical character recognition (OCR) SDK.
The whole process of Scalable Capital is therefore based on technology. Starting with the registration process where the user has to answer a few questions to better understand what he/ she is looking for in Scalable Capital’s service. The next step is for the user to easily scan his / her passport to automatically fill in all the personal data requested. But that is not the only step where the product is making use of Anyline’s technology. In addition IBAN scanning is offered within Scalable Capital’s product. In both cases optical character recognition is making the process even faster and easier, as well as less prone to errors.