TOP 100 COMPANIES
77
Affirm
Founded in 2012
CEO: Max Levchin
htps com www:/ / afirm. htps company www:/ / afirm linkedin.
78
Wealthsimple
Founded in 2014
CEO: Michael Katchen
www htps com:/ / wealthsimple en-ca.. htps company www:/ linkedin. wealthsimple /
Wealthsimple is a Canadian online investment management service. Founded in 2014, the investment platform has since grown rapidly, and as of 2021 had over CA $ 15bn( US $ 11.3bn) in assets under management. Merging with Canadian ShareOwner Investments in 2015, Wealthsimple became the owner of a discount brokerage, resulting in it having CA $ 400m in assets under management across 10,000 customer accounts. Launching Wealthsimple Trade in 2018, the fintech had a zero-commission stock and exchange-traded fund( ETF) trading mobile app, expanding both its proposition and customer reach. Recently, in 2022, Wealthsimple announced it had become Canada’ s first non-bank to be approved for a direct settlement account.
Affirm is a buy now, pay later financial provider, offering consumer loans at the point of sale. Born in Silicon Valley’ s tech haven, Affirm was founded in 2012 as part of HVF, a fintech startup studio. Partnering with Walmart in 2019, Affirm has since gone on to offer buy now, pay later payment services at BigCommerce, Zen-Cart and Shopify. In the US, it is the exclusive installment loans provider for Amazon and its adaptive checkout service has been available to US Stripe users since 2022. Generating US $ 1.5bn in total funding since its founding by Max Levchin, a former founder of PayPal, Affirm is now a world leader in the buy now, pay later market.
Financial Services
United States
Wealth and Investing
Canada
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