Wealthsimple Raises $425 Million at $13.8 Billion Valuation to Accelerate Growth

GIC led the investment, with participation from Power Corporation of Canada, IGM Financial Inc., ICONIQ, CPP Investments, and Inovia. With a fast-growing and profitable business, new capital will fund Wealthsimple’s next phase of growth, including product expansion and investment in technology infrastructure.Toronto, Ontario–(Newsfile Corp. – October 27, 2026) – Wealthsimple, Canada’s leading financial innovator, announced that it has agreed to an equity round of up to CAD $425 million at a…