Canada’s Wealthsimple Valued at C$10 Billion in Equity Round


Canada Pension Plan Investment Board is investing in Wealthsimple for the first time during the round, which also includes existing investors IGM Financial Inc., ICONIQ, Greylock, Meritech and Power Corp. of Canada. Power Corp. controlled 54% of the firm as of June 30, and said Monday that its portion remains about the same after the new round.



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