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Wealthsimple announces landmark $750-million financing from investor group including Drake, Ryan Reynolds
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(PWCDF), (GWLIF) - Drake, Ryan Reynolds And Other Celebs Join WealthSimple s $610M Funding Round At $4B Valuation: Bloomberg
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Wealthsimple Raises Money at $4 Billion Value; Drake Buys In Canadian actors Ryan Reynolds, Michael J. Fox and basketball player Kelly Olynyk also participated in the funding round.
Kevin Orland | May 03, 2021
(Bloomberg) Power Corp. of Canada’s Wealthsimple online brokerage raised C$750 million ($610 million) in a funding round that valued it about $4 billion, more than triple what it was worth in October.
The round was led by existing investors Meritech Capital Partners and Greylock Partners, the Toronto-based company said Monday. Also participating are Canadian celebrities including rapper Drake, actors Ryan Reynolds and Michael J. Fox and basketball player Kelly Olynyk.
Wealthsimple Raises Money at $4 Billion Value; Drake Buys In
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Wealthsimple on brink of largest-ever Canadian private tech funding: $700-million-plus deal would value the bank challenger at $5-billion
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