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moves money BetaKit July 30, 2026

Wealthsimple reports “biggest quarter ever” as it nearly doubles assets under management in a year

Wealthsimple reports “biggest quarter ever” as it nearly doubles assets under management in a year
AI Summary

Wealthsimple says it has nearly doubled its assets under management since this time last year, according to a new quarterly report. The news: The Toronto FinTech company released its Q2 2026 business update on Wednesday evening. The report says the company increased its assets under administration by nearly 25 percent from last quarter, up to $155.6 billion CAD, which is just over 84 percent more than this time last year.

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