The chief executive officer of Toronto-based financial technology firm Wealthsimple this week reflected on his company’s 2025. [Read more…] about From Many Features to Major Funding, It Was Wealthsimple’s Biggest Year Ever
Wealthsimple
Wealthsimple Taps Wise to Help Deliver ‘Best Cross-Border Payments’ in Canada
Canadian financial technology firm Wealthsimple is working with Wise out of the United Kingdom on “an improved offering for sending money internationally.” [Read more…] about Wealthsimple Taps Wise to Help Deliver ‘Best Cross-Border Payments’ in Canada
Wealthsimple Reveals Major Investment Round at $10 Billion Valuation
Wealthsimple has unveiled an equity round of up to $750 million at a post-money valuation of $10 billion to accelerate the company’s product roadmap. [Read more…] about Wealthsimple Reveals Major Investment Round at $10 Billion Valuation
Wealthsimple Delivers More Advanced Tools and Tactics to Everyday Investors
Wealthsimple this week launched a new suite of products designed to give Canadians “every advantage possible to grow their wealth.” [Read more…] about Wealthsimple Delivers More Advanced Tools and Tactics to Everyday Investors
With New Innovative Tools, Wealthsimple Aims To Power the Next Evolution of Investing in Canada
Wealthsimple, the financial services company on a mission to help everyone achieve financial freedom, held the second edition of its product showcase this week, Wealthsimple Presents: For Nerds Only. [Read more…] about With New Innovative Tools, Wealthsimple Aims To Power the Next Evolution of Investing in Canada
Tetra Secures $10M from Banks and Fintechs to Launch Canadian Stablecoin
Tetra Digital Group has secured investment capital as the local financial technology innovator seeks to launch the first stablecoin backed by Canadian fiat. [Read more…] about Tetra Secures $10M from Banks and Fintechs to Launch Canadian Stablecoin
Wealthsimple Acquires Fey to Launch Accessible Yet ‘Sophisticated’ Features
In 2021, Thiago Costa, Dennis Brotzky, and Thomas Russell founded Fey, an investing platform with a trader-focused design and toolkit.
This week, Toronto’s Wealthsimple acquired the Montreal-born upstart. [Read more…] about Wealthsimple Acquires Fey to Launch Accessible Yet ‘Sophisticated’ Features
‘Enhanced Insights’ from Wealthsimple Position Investors for Better Decisions
Since its founding in 2014, Wealthsimple has persistently pushed for “The End of Banking,” with the Toronto company’s chief executive officer declaring repeatedly that the Canadian fintech does not want to become a bank—they want to be something better. [Read more…] about ‘Enhanced Insights’ from Wealthsimple Position Investors for Better Decisions
Disrupting Factors Ensure That Banking in Canada Will Never Be the Same
For decades, the pace of change in Canada’s banking industry was predictably glacial.
Competition was controlled, and the Big Banks were largely unthreatened—not by scrappy upstarts, nor by groundbreaking technology. [Read more…] about Disrupting Factors Ensure That Banking in Canada Will Never Be the Same
The End of Banking? Wealthsimple Is Betting on It
Wealthsimple is taking a bold leap toward becoming Canada’s full-service financial alternative to traditional banks. [Read more…] about The End of Banking? Wealthsimple Is Betting on It