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UPDATE 1-Canada s Wealthsimple hits $4 bln valuation on funding from Ryan Reynolds, Drake

UPDATE 1-Canada s Wealthsimple hits $4 bln valuation on funding from Ryan Reynolds, Drake Reuters 4 hrs ago May 3 (Reuters) - Wealthsimple said on Monday it has raised C$750 million ($610.40 million) in its latest funding round, which more than doubled the Canadian fintech company s valuation to C$5 billion. The latest funding round included participation from celebrities Drake, Michael Fox and Ryan Reynolds, according to the company. The Toronto-based company that has helped make stock trading, peer-to-peer money transfers and tax filing easily accessible, said it will use the amount raised to further expand its market position, product suite and team. The latest funding round, led by venture capital firms Meritech and Greylock, also includes investments from iNovia, Sagard, TSV and Redpoint.

Shailesh kuberShounak dasguptaMichael foxRyan reynoldsTiyashi dattaEva mathewsPower corpஷைலேஷ் குபர்ஷ்ௌுனாக் தாஸ்குப்தாமைக்கேல் நரிரியான் ரெனால்ட்ஸ்ஈவா மேத்யூஸ்பவர் கார்ப்

Wealthsimple hits $5 billion (US$4 billion) valuation on funding from Ryan Reynolds, Drake

Wealthsimple said on Monday it has raised $750 million (US$610.40 million) in its latest funding round, which more than doubled the Canadian fintech company s valuation to $5 billion. The latest funding round included participation from celebrities Drake, Michael Fox and Ryan Reynolds, according to the company. The Toronto-based company that has helped make stock trading, peer-to-peer money transfers and tax filing easily accessible, said it will use the amount raised to further expand its market position, product suite and team. The latest funding round, led by venture capital firms Meritech and Greylock, also includes investments from iNovia, Sagard, TSV and Redpoint. The funding consists of $250 million primary fundraising by Wealthsimple and a $500 million secondary offering by holding company Power Corp of Canada, its largest shareholder.

Michael foxRyan reynoldsPower corpமைக்கேல் நரிரியான் ரெனால்ட்ஸ்பவர் கார்ப்

Wealthsimple Secures $750 Million Through Latest Investment Round; Now Has Post-Money Valuation of $5 Billion

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, STEADFAST, Alkeon, TSV, Plus Capital, as well as celebrities including Drake, Michael J. Fox, Ryan Reynolds, Kelly Olynyk, Dwight Powell, and Patrick Marleau. As previously reported, Wealthsimple was founded in2014 and claims it is investing “on autopilot” is building its users a personal, low-cost portfolio, and putting users’ money to work like the “world’s smartest investors.”

Patrick marleauMichaelj foxRyan reynoldsDwight powellKelly olynykMike katchenAplus capitalWealthsimple cryptoWealthsimple cashரியான் ரெனால்ட்ஸ்டுவைட் போவல்ப்லஸ் மூலதனம்

Canada s Wealthsimple hits $4 billion valuation on funding from Ryan Reynolds, Drake

Canada s Wealthsimple hits $4 billion valuation on funding from Ryan Reynolds, Drake
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Shailesh kuberShounak dasguptaMichael foxRyan reynoldsTiyashi dattaEva mathewsThomson reuters trust principlesPower corpThomson reuters trustஷைலேஷ் குபர்ஷ்ௌுனாக் தாஸ்குப்தாமைக்கேல் நரிரியான் ரெனால்ட்ஸ்ஈவா மேத்யூஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்பவர் கார்ப்

Canada s Wealthsimple hits $4 billion valuation after latest funding round

Canada s Wealthsimple hits $4 billion valuation after latest funding round
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Shailesh kuberMichael foxRyan reynoldsTiyashi dattaEva mathewsThomson reuters trust principlesThomson reuters trustஷைலேஷ் குபர்மைக்கேல் நரிரியான் ரெனால்ட்ஸ்ஈவா மேத்யூஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை