Tag: Wealthsimple
Canadian FinTech funding stabilised in 2025 driven by a 32% rise...
Key Canadian FinTech investment stats in 2025: Canadian FinTech funding stabilised in 2025 with a 15% YoY increase
Deals over $100m rose by 32%...
Wealthsimple bags $750m to expand financial platform
Wealthsimple, Canada’s leading FinTech company, has announced a major equity raise of up to $750m (CAD), bringing its post-money valuation to $10bn.
The funding round...
Wealthsimple raises $750m, hits $10bn valuation
Wealthsimple, Canada’s leading FinTech company, has announced a significant equity round of up to CAD $750m, propelling its post-money valuation to CAD $10bn.
Wealthsimple acquires Fey to boost trading experience
Wealthsimple, one of Canada’s fastest-growing financial services platforms, has announced its acquisition of Fey, an investment research platform based in Montreal.
Canada’s Department of Finance Advisory Committee recommends steps towards open banking
Canada's Department of Finance Advisory Committee on Open Banking has issued its final recommendations report, marking a pivotal step in the nation's journey towards embracing Open Banking.
Canada’s Interac broadens access to e-Transfer service
Interac, the renowned Canadian debit network, is taking a significant step forward by expanding access to its e-Transfer service.
CIBC was the most downloaded FinTech app in Canada for Q2...
CIBC, a personal banking and financial services app, was the most downloaded FinTech app in Q2 2022 with 488k downloads a more than...
WealthTech unicorn Wealthsimple cuts 12.6% of its team
WealthTech unicorn Wealthsimple has reportedly cut 12.6% of its workforce due to ?changes in market conditions.?
Global WealthTech funding sets a new record in 2021 after $13.6bn...
H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m
Canadian FinTech sector poised for growth in 2021 after $700m first...
FinTech investment in the country is already 15% greater than the whole of 2020, signaling strong COVID-19 recovery










