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Wealthsimple

All of your investing, made simple.

Founded 2014 Canada Toronto, Canada 2507 employees Post IPO Total: $1.59B Finance, Financial Services +2

General Information

Company Name Wealthsimple
Founded Year 2014
Location Canada Toronto, Canada
Employees 2507
Industries Finance, Financial Services, Fintech +1
Funding Stage Post IPO
Business Model B2C, B2B, Freemium
Revenue Model Service Fee, Usage Based, Subscription
Offices as of Nov 2026
CA Ontario Toronto M5V 2J4, CA Ontario Toronto M5V 2J4 GB England London, GB England London US New York Brooklyn 11201, US New York Brooklyn 11201
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Homepage Update

Significant changes detected on company website (80.9% content change).

In The News Oct 30, 2026

Featured on Yahoo Finance: Did Wealthsimple Funding Round Just Shift Power Corp's (TSX:POW) Investment Narr...

In The News Oct 30, 2026

Featured on Beinsure: Fintech Wealthsimple secures C$425 mn funding at C$13.8 bn valuation

Growth Metrics Oct 30, 2026

Wealthsimple clients protected an additional $1.7 billion using passkeys in two days, bringing the total to over $70 billion.

In The News Oct 29, 2026

Featured on Yahoo Finance: Is Power Corporation Of Canada (TSX:POW) Fully Priced As Wealthsimple Investment...

Feature Release Oct 13, 2026

Wealthsimple launched kids and teens accounts with their own card as part of its latest product update.

AI Insight

Bounce Watch AI
1 week ago

Wealthsimple is strategically expanding its market reach by launching new 'kids and teens accounts' to capture younger demographics, while simultaneously reinforcing its robust security with over $70 billion in client assets protected by passkeys. This dual focus on product diversification and enhanced trust, complemented by a significant website update, indicates a concentrated effort to deepen market penetration and user engagement within the personal finance sector.

Signal Types
Product Launch Traction Website Update
Strategic Labels
Market Expansion Product Diversification Security Enhancement
Next Move: Product Launch
·
Impact: 8/10
·
Ideal For: Fintech Investors — Post IPO

About Wealthsimple

Wealthsimple, founded in 2014, is rapidly emerging as a formidable player in the Finance and Fintech sectors. Headquartered in Canada, this company distinguishes itself with the slogan, "All of your investing, made simple." By offering services that are more streamlined than traditional banks, they are positioning themselves as a modern alternative in the Wealth Management and Financial Services industry.

The company's remarkable growth trajectory was further solidified with a $750.00M Private Equity Round investment on 03 May 2021. This robust financial backing was supported by a diverse group of investors, including Plus Capital, Redpoint Ventures, TSVC, Technology Crossover Ventures, Sagard Capital, W Investments, Rhombuz VC, and Steadfast Capital Management. Additionally, high-profile individual investors like Ryan Reynolds and Patrick Marleau have also placed their confidence in Wealthsimple's potential.

Business keywords: financial tools, investment management, ETFs portfolio, financial goals guidance, financial advisory, investment advisory, portfolio diversification, personal finance, digital wealth management, investment solutions, automated investing, financial planning, robo-advisor

Services & Products

Self-Directed Investing
Managed Investing
Chequing and Savings Accounts
Financial Advisory Services
Business Banking Solutions

Target Customers

Individual Investors Families with substantial assets Businesses seeking financial solutions Users of digital financial services Cryptocurrency Traders

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market $550.00M 8
CPP Investments, GIC +6
01 Oct 2025
Late VC $750.00M 21
Two Sigma Ventures, iNovia Capital +19
01 May 2021
Late VC $87.00M 5
Two Sigma Ventures, Greylock Partners +3
01 Oct 2020
Acquisition Undisclosed 1
Purpose Advisor Solutions
01 Jan 2020
Late VC $75.00M 2
Allianz X, financial
01 May 2019
Late VC £37.00M 1
financial
01 Feb 2018
Support Program Undisclosed 1
Tech Nation
01 Sep 2017
Series B $37.00M 1
financial
01 May 2017
Series B $20.00M 1
financial
01 Jan 2017
Series A $30.00M 1
financial
01 Apr 2015

View All 12 Funding Rounds

Wealthsimple Alternatives & Competitors

View All Alternatives
Wealthsimple vs
Stash
Stash United States

We’re helping everyday Americans invest and build wealth. (stsh.app/disclosures)

Acquired
244 employees
Finance, Fintech
Wealthsimple vs
Acorns
Acorns United States

🌳 Acorns / Grow your financial wellness 🌱 Acorns Early / Grow your kid’s money skills

Post IPO
608 employees
Finance, Financial Services
Wealthsimple vs
Betterment
Betterment United States

Investing and saving made easy.

676 employees
Finance, Financial Services

FAQ About Wealthsimple

All of your investing, made simple.
Wealthsimple was founded in 2014.
Wealthsimple is headquartered in Toronto, Canada. As of Nov 2026, it also has offices in CA Ontario Toronto M5V 2J4, CA Ontario Toronto M5V 2J4, GB England London, GB England London and US New York Brooklyn 11201, US New York Brooklyn 11201.
Wealthsimple operates in Finance, Financial Services, Fintech and Wealth Management. Its work centres on financial tools, investment management, ETFs portfolio and financial goals guidance. Its customers include Individual Investors, Families with substantial assets and Businesses seeking financial solutions.
Wealthsimple has a B2C, B2B and Freemium business model. Its revenue comes from Service Fee, Usage Based and Subscription.
Wealthsimple has approximately 2507 employees.
Wealthsimple has completed 12 funding rounds, raising a total of $1.59B. The latest funding stage is Post IPO.
Wealthsimple offers: Self-Directed Investing, Managed Investing, Chequing and Savings Accounts, Financial Advisory Services, Business Banking Solutions.
Top alternatives and competitors to Wealthsimple include Stash, Acorns, Betterment, Wealthfront, Inyova Impact Investing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wealthsimple and Stash are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Wealthsimple, https://www.bouncewatch.com/company/wealthsimple, updated 31 October 2026. When citing, please name BounceWatch and link this page.

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