Funding Round · Neobank · 2024

Wealthsimple secondary equity 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

Employee liquidity event and investor stake increase signals continued confidence in Canadian fintech despite macro uncertainty.

Primary company
Wealthsimple
Counterparty
Iconiq Capital
Amount
$100M
Event date
November 22, 2024
Sub-sector
Neobank
HQ
Structure
Secondary financing
Source published
November 23, 2024
Publisher
BetaKit

Source: betakit.com