SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Wealthsimple Raises Up to C$425 Million at C$13.8 Billion Valuation

The Canadian financial services company said it raised up to C$425 million ($302.5 million), taking its valuation to C$13.8 billion.

IGMPOWRYTD

Canadian financial services company Wealthsimple said on Tuesday it had raised up to C$425 million ($302.5 million), taking its valuation to C$13.8 billion as it expands its challenge to the country's dominant banks.Here are some details:($1 = 1.4049 Canadian dollars)