Wealthsimple Crypto News Today

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Why Did Drake Just Invest in This $5 Billion Canadian Tech Company? More on: Image source: Getty Images A Canadian fintech startup has plenty of star power. The valuation of Toronto-based Wealthsimple soared to $5 billion after raising $750 million in investments from venture capital investment firms and celebrities on May 3, 2021. Among the star-studded investors were rapper Drake, Green Lantern star Ryan Reynolds, and Back to the Future lead actor Michael J. Fox. Wealth...

TORONTO - Wealthsimple says a new financing deal involving plenty of star power and venture capital investors has pushed the company's valuation to $5 billion.

Winnipeg Free Press By: Tara Deschamps, The Canadian Press Posted: Last Modified: 1:48 PM CDT Monday, May. 3, 2021 Save to Read Later TORONTO - A new financing deal involving plenty of star power and venture capital investors has pushed Wealthsimples valuation to $5 billion and has its CEO anxious to build the brand even further. A Wealthsimple Trade app icon is shown on a smartphone ...

Wealthsimple raising $750 million in latest financing deal, valuation hits $5 billion by The Canadian Press Last Updated May 3, 2021 at 9:58 am EDT TORONTO — Wealthsimple says it has raised $750 million in a financing deal that includes several new venture capital investors as well as a star-studded list of celebrities including Drake and Ryan Reynolds. The deal values the financial services company at $5 billion. Wealthsimple says the financing was led by Meritech and Greylock and includes n...

Wealthsimple Secures $750 Million Through Latest Investment Round; Now Has Post-Money Valuation of $5 Billion   Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST Global, Sagard, Iconiq, Dragoneer, TCV, iNovia, Allianz X, Base 10, Redpoint, STE...