Canadian wealthtech Wealthsimple sheds 12.6% of workforce due to market volatility
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
All eligible accounts will be transferred to Moneyfarm in January.
Featuring Wealthsimple, CollectiveHealth, Bitso, Shift Technology, and Forge Global.
The fintech started off as a robo-advisor back in 2014.
Wealthsimple serves some 1.5 million users.
“We’re building a lifestyle brand,” says the fintech’s Europe CEO.
Allianz X led the investment round.
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.