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Wealthsimple raises up to $425M CAD at $13.8B valuation

1 reports1 report sources2 hours agoUpdate

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Wealthsimple has agreed to raise up to $425 million CAD from existing investors at a $13.8 billion post-money valuation, up from $10 billion a year earlier. The deal includes $300 million in new equity and a $125 million secondary sale in which those investors buy shares from Wealthsimple employees. The Toronto fintech did not name the investors in the round.

AI-generated from reports · 2 hours agoUpdate

Latest updatesOct 28 22:23
Wealthsimple raises $425M CAD at $13.8B valuation

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Oct 28
  1. BetaKitTop Deals
    Wealthsimple raises $425M CAD at $13.8B valuation

    Wealthsimple has agreed to up to $425 million CAD in financing at a $13.8 billion post-money valuation.

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