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Wealthsimple

Canada's digital-first investing, trading, and savings platform.
Fintech 📍 Toronto, Canada Founded 2014
Current Valuation
$7.1B
as of 2025-Q4
UNICORN
Wealthsimple is Canada's largest digital wealth platform offering commission-free trading, robo-advisory, cash accounts, tax filing, and crypto. In October 2025 the company closed a C$750M secondary round at a C$10B post-money valuation (~US$7.14B), with Power Corporation's stake jumping 47%.

Company Profile

CEO
Michael Katchen
Founded
2014
HQ
Toronto, Canada
Employees
~1,200
Total Raised
$1.2B
Last Round
Secondary equity round — $540M (Oct 2025) · Lead: Dragoneer Investment Group
IPO Status
rumored

Founders & Key People

Michael KatchenBrett HuneycuttRudy Adler

Investors

Power Corporation of Canada · Dragoneer Investment Group · GIC · Allianz X · TCV · Greylock

Products

  • Self-directed trading
  • Managed investing
  • Cash account
  • Tax filing
  • Crypto

Competitors

Questrade · Robinhood · Public.com · Interactive Brokers
fintechinvestingtradingneobankcanada
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.