Wealthsimple Discussing  Value Above $3.5 Billion in Funding Talks

  • Investment would more than triple $1 billion valuation in 2020
  • Financial site’s backers include Greylock, TCV, Meritech
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Investment-management startup Wealthsimple is in talks to raise financing at a valuation of at least $3.5 billion, according to people familiar with the matter.

That would more than triple the roughly $1 billion valuation the Toronto-based startup announced in October.