Allianz X returned for an $86.7m round that valued the trading, wealth management and personal finance technology producer a shade above $1bn.

Canada-based digital trading technology provider Wealthsimple secured C$114m ($86.8m) on Wednesday from investors including Allianz X, the digital investment arm of insurance group Allianz, at a $1.07bn valuation. Growth equity firm TCV led the round, which was also backed by venture capital firms Greylock and Meritech Capital as well as VC fund Two Sigma Ventures.…

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