Canadian FinTech leader Wealthsimple wins Webby Award

Toronto tech startup Wealthsimple has been named the top financial services website in the world by The Webby Awards.

TORONTO, May 2, 2016 /CNW/ - Wealthsimple, an innovator in the financial services industry, has won its first Webby Award, an international award honouring excellence on the Internet.

(Photo: http://photos.prnewswire.com/prnh/20160502/362415)

The 20th Annual Webby Awards named Wealthsimple its Best Financial Services/Banking website. Competitors in this category included established players like Morgan Stanley and H&R Block, among others. Since launch, Wealthsimple has brought in more than $400M in assets under management with over 10,000 clients on the platform. In November, the FinTech startup revealed their new brand, differentiating themselves as an automated investment platform with a human approach.

"We decided early on that we wanted to make investing more human," says Michael Katchen, CEO & Founder at Wealthsimple. "Winning a Webby award solidifies that our brand exemplifies innovation and creativity in the finance industry. It's the beginning of more to come."

Judged by the International Academy of Digital Arts and Sciences, the Webby's have been called the Internet's highest honour by the New York Times, and bring in nearly 13,000 entries from 65 countries. Wealthsimple joins an impressive lineup of 2016 Webby winners, including Google, NASA, Netflix, and other well-established technology and innovation leaders.

The Webby Awards will honour Wealthsimple at its ceremony on Monday, May 16, 2016 at Cipriani Wall Street in New York City.

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 is the smart and simple way to invest in Future You. (CNW Group/Wealthsimple)". Image available at: http://photos.newswire.ca/images/download/20160502_C6888_PHOTO_EN_679958.jpg

For further information: Mallory Greene, [phone], [e-mail]