Emerging and High Growth Companies

Wealthsimple in its $100 million investment round

Wealthsimple
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Lynne Lacoursière

Partner, Corporate, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, 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.

Founded in 2014, Wealthsimple is Canada’s largest and most popular digital wealth manager.

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).

Value
$100 million
Date Closed
May 22, 2019
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Lynne Lacoursière

Partner, Corporate, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto