Wealthsimple

About Wealthsimple

Wealthsimple is a financial services platform aimed at helping Canadians manage and grow their wealth through smart investing products, low-fee trading, and dedicated financial planning and advice services. Their mission is to provide better financial solutions than traditional banks, making wealth-building accessible to more people.

Products & Services

Chequing Account:Offers up to 2.5% interest with no monthly fees and access to cash from ATMs worldwide with fees covered.

Credit Card:A card for everyday spending, details not fully specified in the content.

USD Savings:A savings account in USD for managing foreign currency.

Registered Savings Account:A savings account for tax-advantaged saving.

Self-Directed Investing:Allows users to build portfolios with over 14,000 stocks, ETFs, options, and cryptocurrencies with commission-free trading.

Active Trading:Advanced trading options for experienced investors.

Options Trading:Low-fee options trading platform.

Margin Trading:Offers margin accounts with competitive interest rates.

Gold Investing:New offering for investing in gold.

Crypto Trading:Buy, sell, and stake over 140 cryptocurrencies.

Wealth Management:Includes pre-built, customizable portfolios and expert-managed investment strategies.

Mortgages:Borrowing solutions for home purchases.

Tax Filing:Services to assist with tax preparation and filing.

Corporate Account:Investment accounts tailored for businesses.

Specialties

Smart Investing Low-Fee Trading Wealth Management Financial Planning Cryptocurrency Trading

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Equity Round T: - FT: Equity Round	A: 750000000 MR: - FA: 750 million FAN: 750000000	D: 2025-10-27 FD: 2025-10-27	8 investors
2	RT: Equity (Preferred Shares) T: - FT: Equity (Preferred Shares)	A: 100000000 MR: - FA: 100 million FAN: 100000000	D: 2025-10-27 FD: 2025-10-27	8 investors

Equity Round Latest

2025-10-27

$750.0M

8 investors (Pro only)

Equity (Preferred Shares) 2025-10-27

$100.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Michael Katchen

Chief Executive Officer

B

Brett Huneycutt

Chief Product Officer

R

Radhika Kakkar

Chief Operating Officer

J

Jeff Gowen

Chief Financial Officer

D

Diederik van Liere

Chief Technology Officer

P

Paul Teshima

Chief Commercial Officer

View 21 more team members with Pro

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Recent News

Wealthsimple Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised