Wealthsimple Growth: C$425M

Oct 27, 2026Public sources — Collected from public sources, not yet cross-checked.

Wealthsimple raised C$425 million (about $303.07 million) in a growth round led by GIC, announced Oct. 27.

Facts

Company: Wealthsimple
Amount: C$425 million (about $303.07 million)
Currency: CAD
Stage: Growth
Announced: Oct 27, 2026
Instrument: Equity
Valuation: C$13.8 billion (about $9.84 billion) (officially disclosed)
FX rate: 1 CAD = 0.7131 USD on Oct 27, 2026

Investors

Led by: GIC
Participants: Power Corporation of Canada IGM Financial Iconiq Canada Pension Plan Investment Board Inovia Capital

Use of funds

Accelerate product roadmap and bolster technology infrastructure.

As stated by the company.

Sources

1.Wealthsimple announces $425-million financing at $13.8-billion valuation — BetaKit, Oct 28, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 28, 2026