Canadian fintech company Wealthsimple Financial Corp. has completed an equity financing round that raised up to C$425 million, or about $310 million. The deal values the company at C$13.8 billion post-money, equivalent to roughly $9.8 billion. The update was reported by Bloomberg and cited by Techub. The announcement centers on the size of the financing and the company’s post-money valuation, with no additional transaction details disclosed in the source brief.
Canadian fintech company Wealthsimple Financial Corp. said it has completed an equity financing round, raising up to C$425 million, or about $310 million.
Following the deal, the company’s post-money valuation reached C$13.8 billion, equivalent to about $9.8 billion.
Bloomberg reported the development, and Techub carried the brief.
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