Founded in 2014, Wealthsimple provides an integrated suite of financial services that includes managed portfolios, self-directed investing, cryptocurrency trading, tax filing, spending and saving tools. Led by CEO Michael Katchen, the platform consolidates these offerings into a single user experience and publishes TLDR, Canada’s most-read financial newsletter with four million weekly subscribers. Wealthsimple currently serves three million Canadians and manages CAD $100 billion in assets under administration. In 2025 it launched a waitlist for its first credit card, attracting more than 300,000 sign-ups within six months, and debuted Wealthsimple Presents, a bi-annual live product showcase. The company plans to further expand into credit and other financial services, using newly raised capital to accelerate its roadmap. Wealthsimple’s strategy centers on becoming a comprehensive, consumer-friendly financial super-app for the Canadian market.

Total raised

$1.3B

Funding rounds

4

Latest round

Equity

Latest activity

Oct 2025