Wealthsimple has expanded its services by partnering with Wise to offer low-fee international payments through its app and website. This integration allows customers to send money to 30 countries in over 10 currencies directly from their accounts. The company continues to grow, recently surpassing $100 billion in assets under administration.

Wealthsimple has raised up to $750 million CAD in a Series E round, boosting its valuation to $10 billion. The funding will help the company accelerate its product development and expand its operations, as it aims for $1 trillion in assets under administration by 2034.

Wealthsimple has announced a CAD $750 million equity round, achieving a post-money valuation of CAD $10 billion to further accelerate its growth. Co-led by Dragoneer and GIC, this funding will enhance Wealthsimple's product offerings and solidify its position as a leading financial platform in Canada, following a period of significant profitability and growth.