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Wealthsimple
Trends
- 1
IGM Financial has announced an additional investment in Wealthsimple, the Canadian fintech and investing platform, saying the move is intended to support the company's accelerated growth. The news, carried by PR Newswire Canada, adds to IGM's existing stake in Wealthsimple and signals continued backing for the firm's expansion.
- 2Wealthsimple Raises $425 Million at $13.8 Billion Valuation●Wealthsimple Raises $425 Million at $13.8 Billion Valuation to Accelerate Growth
Canadian fintech Wealthsimple has raised $425 million in new funding at a $13.8 billion valuation, one of the largest rounds for a Canadian tech company this year. The company says the capital will be used to accelerate growth across its investing, trading and personal finance products. The size of the round and the valuation put Wealthsimple among the most valuable private financial technology firms in North America.
- 3IGM Financial Pours More Money Into Wealthsimple●IGM Financial Announces Additional Investment in Wealthsimple to Support Accelerated Growth
IGM Financial has announced an additional investment in Wealthsimple, the Canadian online wealth management platform, saying the money will support the company's accelerated growth. The move deepens IGM's stake in one of Canada's fastest-growing digital investing firms as competition for retail investors intensifies.