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Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025 (Reuters)

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In short

The investment from GIC, a sovereign wealth fund, further solidifies Wealthsimple's position as a leader in the fintech sector. This round of funding is expected to support further expansion and innovation, positioning Wealthsimple to continue leading in the financial technology space.

Key points

  • The investment from GIC, a sovereign wealth fund, further solidifies Wealthsimple's posit…: The investment from GIC, a sovereign wealth fund, further solidifies Wealthsimple's position as a leader in the fintech sector.
  • This round of funding is expected to support further expansion and innovation, positionin…: This round of funding is expected to support further expansion and innovation, positioning Wealthsimple to continue leading in the financial technology space.

Sources checked by our analysis pipeline: 1

Reuters : Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025   —  Oct 27 (Reuters) - Canadian financial services company Wealthsimple said on Tuesday it had raised up to C$425 million ($302.5 million), taking its valuation …

Original source: www.techmeme.com

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