Wealthsimple announces $750M equity round at $10B post-money valuation to accelerate growth
Wealthsimple announces $750 million equity round at $10 billion post-money valuation to accelerate growth
October 28, 2025 – Canada’s FinTech landscape just hit another major milestone - Wealthsimple announces $750 million equity round at $10 billion post-money valuation to accelerate growth. 💰
This marks a clear signal that Wealthsimple’s strategy - building a full-stack financial platform for Canadians, spanning investing, credit, and banking - is resonating with both investors and consumers.
But the story doesn’t stop with the funding: at their recent “For Nerds Only” product event they unveiled an ambitious slate of new features and tools that raise the bar for how retail investors can engage with their finances.
Standout Announcements:
➡️ $0-commission options trading in Canada: They removed trade and contract fees, a major shift in accessibility for active traders.
➡️ Gold trading for real, physical gold: Users can now buy and hold real gold, with low fees, and redemption of physical gold coins coming in November.
➡️ Direct indexing portfolios: A more advanced portfolio option giving users more ownership and tax-loss harvesting opportunities, typically reserved for institutional players.
➡️ Retirement Accelerator: A leveraged product aimed at helping Canadians borrow to make earlier RRSP contributions (and capture growth earlier) rather than waiting until later in life.
➡️ Norbert’s Gambit integration: For cross-border FX savings and more efficient foreign currency conversion, launching Jan 2026.
➡️ AI-driven research & trading dashboard: Advanced research tools, real-time data feeds, multi-leg option strategies coming soon, showing how Wealthsimple is going beyond simple self-directed investing.
If you’re working in FinTech, retail banking, wealth management, here are a few takeaways:
➡️ Product velocity matters. Wealthsimple is innovating hard and fast. Lowering friction and cost matters (zero-commissions, FX savings, etc.).
➡️ A platform-approach (invest + banking + credit) continues to be the winning architecture for scale.
➡️ Targeting inform-and-empower segments is an interesting strategic positioning: these are more engaged, self-directed users who will appreciate the advanced tools.
Congratulations to the team at Wealthsimple - this is Canada’s FinTech doing it big!
This milestone reflects the accelerating evolution of Canada’s FinTech sector - one where innovation, accessibility, and financial empowerment converge. It’s a strong indicator of where retail finance is headed!
