Wealthsimple
wealthsimple.comBeing better than a bank means more of everything.
Finance & Fintechinvestingtradingpersonal-financechequing-accountcash-backmanaged-portfolioscanada
About
Wealthsimple is a Canadian financial platform offering chequing accounts, credit cards, self-directed trading, and managed investment portfolios. It targets everyday Canadians who want lower fees, cash back rewards, and smarter investing tools as an alternative to traditional banks. The platform also provides educational resources covering investing, saving, taxes, and retirement planning.
Problem
Traditional banks charge high fees and offer poor returns, making it hard for everyday people to save, invest, and grow their money effectively.
For
everyday Canadians looking for a modern alternative to traditional banking and investing
How it works
Users sign up for Wealthsimple to access a suite of financial products including a chequing account, credit card, self-directed trading with $0 commissions, and managed investment portfolios.
Business model
freemium
Status
launched
Company
Wealthsimple Financial Inc.