Funding round · 2026-10-28 · Fintech
Wealthsimple raises $310.3M
83
AI Score
Amount
$310.3M
Round
Undisclosed
Lead
GIC
HQ
Toronto, CA
Why it matters: Wealthsimple's valuation jump from $10 billion to $13.8 billion in a year, alongside $169 billion in assets under administration, shows how fast a Canadian robo-adviser has expanded into full-service banking.
Wealthsimple has agreed to up to $425 million CAD in financing at a $13.8 billion post-money valuation.
- Participants:
- Power Corporation of Canada, IGM Financial, Iconiq, Canada Pension Plan Investment Board, Inovia Capital
- Source:
- BetaKit ↗ · Midu summary
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