Austria’s Raiffeisen Banking Group and robo-adviser Scalable Capital have formed a partnership.

Scalable has developed the technical infrastructure for Raiffeisen's new digital wealth management solution called "WILL" as part of a B2B white label solution.

"With the Raiffeisen Banking Group Austria we add another well-known provider to our international cooperation partners," said Erik Podzuweit, co-founder and co-CEO of Scalable Capital.

"The cooperation underlines our position as Europe's leading provider of white-label solutions for digital wealth management. We want to continue to expand our B2B business...