Oct 27 (Reuters) - Canadian financial services company

Wealthsimple said on Monday it raised C$750 million ($534.80

million) in its latest funding round, which raised its valuation

to C$10 billion.

The funding round was led by Dragoneer Investment Group and

GIC and included participation from Canada Pension Plan

Investment Board, Power Corporation of Canada ( PWCDF ), IGM

Financial ( IGIFF ), ICONIQ, Greylock and Meritech.

Wealthsimple said the funding round will help accelerate its

roadmap across investing, spending and credit and support

strategic opportunities to expand its platform.

The Toronto-based company has helped make stock trading,

peer-to-peer money transfers and tax filing easily accessible.

The firm doubled its assets under administration to C$100

billion in 2025 from last year.

($1 = 1.4024 Canadian dollars)