Wealthsimple Reaches C$13.8bn Valuation After Raising C$425m

• Wealthsimple, a Canadian financial services company, has raised C$425 million.
• The company's post-money valuation is now C$13.8 billion, approximately $9.8 billion.
• This funding round was reported by multiple financial news outlets including Bloomberg and Financial Times.
• Power Corporation has announced an additional investment in Wealthsimple.
• The valuation reflects the company's growth and market position in the financial services sector.