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.