Canadian fintech company recognized as one of the top workplaces for innovation in a prestigious list
Wealthsimple Named One of the Best Workplaces for Innovators
In a significant recognition of its innovative approach, Wealthsimple, a leading Canadian financial services company, has been named one of the Best Workplaces for Innovators: Large companies in 2025 by Fast Company.
Founded in 2014 by Michael Katchen, Wealthsimple has grown exponentially since its inception, managing $84 billion in assets under administration, a growth of more than 90% from a year ago. The company's success can be attributed to its unique culture and commitment to innovation.
Diana McLachlan, Chief People Officer at Wealthsimple, highlighted the company's innovative spirit, stating, "Innovation at Wealthsimple comes from the curiosity to challenge assumptions and the ownership to see bold ideas through." She added, "Our ability to reimagine what a Canadian financial company can be is powered by our people."
Since its inception, Wealthsimple has persistently pushed for "The End of Banking," offering a full suite of financial products that challenge traditional banking models. These include managed investing, DIY trading, cryptocurrency, tax filing, spending, and saving.
McLachlan emphasized that Wealthsimple is a company founded on trust, where the brand and product strength depend on the people. This commitment to its workforce is evident in its recent acquisition of Montreal's Fey, a move aimed at strengthening its team and capabilities.
In addition to its innovative financial services, Wealthsimple is also working on the launch of a credit card. As the only Canadian entity on the seventh annual list of Best Workplaces for Innovators, which features 12 firms, Wealthsimple is clearly at the forefront of financial innovation.
Wealthsimple does not aim to become a bank, but rather something better. Its focus on challenging assumptions and pushing boundaries sets it apart in the financial industry, making it a company to watch in the years to come.
