# Wealthsimple

> Wealthsimple is a Canadian fintech offering investing, crypto, tax and cash products.

Source: https://www.neobank.wiki/wiki/wealthsimple
Last updated: 2026-08-11
Categories: Financial technology, Canada neobanks, Brokerages, Consumer neobanks, Companies founded in 2014

**Wealthsimple** is a Canadian financial technology company offering investment management, stock trading, crypto, tax filing and cash accounts. It is one of Canada’s leading consumer fintech brands alongside [EQ Bank](/wiki/eq-bank).[^ws1]

## History

Wealthsimple launched as a robo-advisor and expanded into self-directed trading, crypto and cash products, becoming a multi-product finance app for Canadians.[^ws2]

## Founder

**Michael Katchen** founded Wealthsimple and scaled it with support from prominent Canadian investors into a flagship national fintech brand.

## Model

Wealthsimple is an investment dealer / fintech with cash products delivered through partner banks or trust arrangements—brokerage-led rather than a full schedule I retail bank.

## Products

Products include managed investing, self-directed trading, crypto, Wealthsimple Cash, tax software and saving automations.

## Infobox

- **Type**: Private
- **Founded**: 2014
- **Founder**: Michael Katchen
- **Headquarters**: Toronto, Canada
- **Focus**: Investing / cash

## Frequently asked questions

### What is Wealthsimple?

Wealthsimple is a Canadian fintech offering investing, crypto, tax and cash products.

### When was Wealthsimple founded?

Wealthsimple was founded in 2014.

### Where is Wealthsimple headquartered?

Wealthsimple is headquartered in Toronto, Canada.

### Who founded Wealthsimple?

Wealthsimple was founded by Michael Katchen.

### What type of company is Wealthsimple?

Wealthsimple is described as Private in its neobank.wiki profile.


## References

[^ws1]: Wealthsimple is a Canadian investing and consumer fintech company. — https://www.wealthsimple.com/
[^ws2]: Wealthsimple expanded from robo-advice into a multi-product finance app. — https://www.wealthsimple.com/