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Fintech startups tighten belts, bracing for extended bear market
Tifin laid off 10% of its workforce this month in response to the market environment, and it isn't alone.
Betterment acquires Wealthsimple’s US accounts
Wealthsimple will transfer all of their existing U.S.-based customers to Betterment, and will no longer support accounts based in the U.S.
Wealthsimple’s $87 million round makes it the latest tech unicorn
The Toronto-based robo-adviser manages approximately $6.4 billion in assets and has more than 1.5 million users
Robo Wealthsimple negotiating fresh funding round
Investment led by TCV would value the Canadian online investment firm at more than $1 billion
Power Financial invests $37 million in Wealthsimple as robo seeks bigger U.S. market share
Power, the Canadian parent of Putnam Investments and Great-West Financial, has now invested a total of $74 million in the robo-adviser