Wealthsimple announces partnership with Mint

Wealthsimple becomes first financial institution to offer secure, read-only Mint access to their clients

TORONTO, May 3, 2016 /CNW/ - Wealthsimple, Canada's leading online investment platform, is making it easier than ever to keep track of your personal finances. Clients are now able to sync their Wealthsimple investment account to Mint's budgeting software.

The new integration will allow Wealthsimple users to access a high-level overview of their investments and track how they're performing. Information is pooled into one central location on the Mint app, and you can track progress towards your investment goals, while keeping track of other finances.

"Making smart financial decisions shouldn't require a degree in economics or a whole lot of time", says Michael Katchen, Founder & CEO of Wealthsimple. "Mint was built with the same philosophy as Wealthsimple - to provide clients with sophisticated, safe, innovative and easy-to-use financial products."

Wealthsimple is currently the only Canadian financial institution that offers secure, read-only access of your data to Mint. They created an API with limited access to account information for clients, to ensure that sensitive information is never revealed.

The integration follows Wealthsimple's recent announcement of eliminating their investment account minimum, and launching a Socially Responsible Investing portfolio option for clients.

About Wealthsimple

Wealthsimple is Canada's leading online investment manager, making smart and simple investing accessible to all Canadians with low minimums and low fees. Their on-demand financial planning services and investment advice educate clients and keep their investments on track. Founded by a team of financial experts and technology entrepreneurs, Wealthsimple is currently registered and operating in every Canadian province and territory. Wealthsimple is backed by Power Financial Corporation, a publicly-traded management and holding company. To learn more, visit www.wealthsimple.com.

SOURCE Wealthsimple

Image with caption: "Wealthsimple has made it easier to be a financial grown-up without having to spend any time with calculators and spreadsheets. (CNW Group/Wealthsimple)". Image available at: http://photos.newswire.ca/images/download/20160503_C5807_PHOTO_EN_680910.jpg

For further information: Mallory Greene, (905) 751-6532, mallory@wealthsimple.com


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