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Wealthsimple Secures C$425 Million in Financing

1 reports1 sourcesupdated 3 hours ago

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On October 28, 2026, Fintech News Switzerland reported that Canadian investment platform Wealthsimple had agreed to raise up to C$425 million in equity financing. The round was led by GIC, and upon completion of the transaction, the company’s valuation will reach C$13.8 billion, approximately US$9.8 billion. The report did not disclose other investors, financing terms, or the transaction completion date.

AI-written from reports · updated 3 hours ago

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Oct 28
  1. Fintech News Switzerland
    Wealthsimple secures GIC-led financing, valuing it at approximately US$9.8 billion

    Canadian investment platform Wealthsimple has agreed to raise up to CA$425 million in equity financing at a post-money valuation of CA$13.8 billion, or approximately US$9.8 billion, led by GIC.

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