TechReuters1h ago

Toronto-based fintech Wealthsimple raised up

Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025

TL;DRWealthsimple raised $425M CAD, pushing its valuation to $13.8B from $10B.

Why it matters: Signals strong investor confidence in Canadian fintech despite broader market uncertainty.

Oct 27 (Reuters) - Canadian financial services company Wealthsimple said on Tuesday it had raised up to C$425 million ($302.5 million), taking its valuation …

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Source: Reuters · Opens in new tab