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The Buzz is the city s first indoor inflatable adventure park. The bouncy newcomer is located next door to Redpoint Worcester Climbing Centre. Abbie Hickinson, centre manager, said: “Our ethos is getting people out and active. Come over and see what the buzz is all about.” She added: “We have assault courses, to giant slides. You can battle your friends gladiator style so come and get involved.” The new adventure park is set to open from May 18. The park was originally aimed at school children and families but bookings made since the beginning of the month have shown a wider appeal. ....
By Reuters Staff 2 Min Read (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. ....
Wealthsimple raises $610M at a $4B valuation Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, and includes funding from Inovia, Sagard, Redpoint, TSV, as well as individual investors including Drake, Ryan Reynolds and Michael J. Fox (basically, all the most famous Canadians). Wealthsimple’s big new raise more than doubles its valuation from its last round, a $114 million CAD (roughly $93 million) funding announced last October, which carried a post-money valuation of $1.5 billion CAD ($~1.22 billion USD). The Toronto-based company has been a leader in the realm of democratizing financial products for consumers, including stock trading, crypto asset sales, and peer-to-peer money transfers. ....
Wealthsimple secures $750 million CAD, claims $5 billion valuation Wealthsimple has raised a $750 million CAD financing round as the FinTech company looks to expand its market position and continue to build out its product suite. The Toronto-based startup announced the deal Monday morning, claiming it brings Wealthsimple’s post-money valuation to $5 billion CAD. Wealthsimple plans to use the new capital to expand its market position, build out its product suite, and grow its team. The round was co-led by venture capital firms Meritech and Greylock. The deal also included participation from DST Global, Sagard, Iconiq, Dragoneer, TCV, Inovia, Allianz X, Base 10, Redpoint, STEADFAST, Alkeon, TSV, Plus Capital and others. A number of Canadian celebrities also invested, including Drake, Michael J. Fox, Ryan Reynolds, Kelly Olynyk, Dwight Powell, and Patrick Marleau. The transaction is expected to close by mid-May. ....