Wealthsimple

Wealthsimple in its $100 million investment round

Client

Wealthsimple

Value

$100 million

Service

Emerging and High Growth Companies

Date Closed

May 2019

Lead Office

Toronto


May 22, 2019, Wealthsimple announced it has secured a new $100 million investment round, led by Allianz X, the digital investment unit of German asset manager Allianz Group. Wealthsimple plans to use the funds to continue capturing market share through new products and services.

Wealthsimple Financial Inc. provides digital based investment advisory services. It also provides Wealthsimple, an application for Canadian customers to invest their savings and build diversified portfolio of exchange traded funds.

Osler, Hoskin & Harcourt LLP represented Wealthsimple with a team consisting of Chad Bayne, Justin Dharamdial, Matt Griffin, and Jeremy Lin (Emerging and High Growth Companies), Steve Dickie (Employment) and Lynne Lacoursière (Executive Compensation).


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Emerging and High Growth Companies

Justin Dharamdial

Justin Dharamdial

Associate, Emerging and High Growth Companies

Matthew Griffin

Matthew Griffin

Associate, Emerging and High Growth Companies

Jeremy Lin

Jeremy Lin

Associate, Emerging and High Growth Companies

Steven Dickie

Steven Dickie

Associate, Employment & Labour

Lynne Lacoursière - Corporate Lawyer

Lynne Lacoursière

Partner, Corporate