Tag : Wealthsimple

Canadian InvesTech Firm Wealthsimple Raises $750 Million
Digital Payments Fintech Primers

Canadian InvesTech Firm Wealthsimple Raises $750 Million

Sudipto Ghosh
Meet Wealthsimple, a fintech company backed by Drake and a dozen other investors. What started as a four-person company has announced its latest funding round with the vision to become Canada’s most valuable financial technology company. Read Also: Fintech Primer: What is Contactless Payment? Wealthsimple’s CEO announced his company’s $750 million......
Betterment Acquires Wealthsimple's US Investment Advisory Book of Business
Finance Fintech Investments News

Betterment Acquires Wealthsimple’s US Investment Advisory Book of Business

Fintech News Desk
Through this strategic acquisition, Betterment grows their customer base and continues to accelerate growth Betterment, a leading online financial services company, announced that it has acquired Wealthsimple’s U.S. book of business. In the coming months, Wealthsimple will transfer all of their existing U.S.-based customers to Betterment, and will no longer support......
B2B Banking Featured Fintech

Wealth Management Apps that are Making a Difference in the Financial Management Market

Fintech News Desk
Wealth or money managements apps are applications built with software that helps users track spending, stay updated and view their bank balance and analyse spending habits. These apps also help users make difficult banking decisions based on the data gathered from bank accounts. Users can use these apps remotely from......
Banking Business Featured Fintech

Robo Advisors – Changing the Face of Investments

Tanika Mehrotra
Robo Advisors are robotic financial advisors that use algorithms to automatically select investments for the customer, and also advise them on other relevant financial decisions. Robo-Advisors are not new to fintech; they have been around for over a decade. A standard robo-advisor collects financial information from the customers, like their......