Wealthsimple
Canada's index-investing evangelist turned full-stack money app with crypto.
Investing-first; custodial crypto trading.
The facts
| Category | traditional |
| HQ | Toronto, CA |
| Founded | 2014 |
| Custody | Custodial |
| Regulation type | Unclassified |
| Card | MC · Prepaid |
| Cashback | 1% |
| Yield | ~4% on cash (tiers) |
| Stablecoins | No |
| KYC | Yes |
| Active regions | North America |
| Countries | Canada |
| Founders | Michael Katchen, Brett Huneycutt |
| Funding | Power Corp-backed; ~C$1B+ |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @Wealthsimple ↗
comparePut Wealthsimple side by side with any of the other 356 tracked neobanks in the directory — custody, licence, cashback, yield, stablecoins and geography in one view.
Peers
Chime · Wise · Varo · Current · SoFi · Ally Bank
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.