Wealthsimple secondary share sale at $5B valuation
Wealthsimple raised $100M Secondary financing led by Iconiq Capital on November 22, 2024.
- Primary
- Wealthsimple
- Counterparty
- Iconiq Capital
- Amount
- $100M
- Structure
- Secondary financing
- Date
- November 22, 2024
- Sub-sector
- Neobank
Secondary share purchase by existing investor Iconiq at $5B valuation signals investor confidence and provides employee liquidity.
Source: betakit.com