Wealthsimple CEO Michael Katchen Says IPO Remains Goal as Assets Top $50 Billion

The head of celebrity-backed Wealthsimple Financial Corp. says there’s no need to rush into an initial public offering as the fintech sees a surge in client assets.

Going public “remains the destination,” Wealthsimple Chief Executive Officer Michael Katchen said in an interview, but only “when it makes sense for the business.”