Investment management solution Wealthica acquires Stockchase

Portfolio management company Wealthica has acquired stock market data platform Stockchase.

Canada-based Wealthica, allows its users to see their entire investment portfolio from one single dashboard. Connecting with more than 30 Canadian institutions, the platform retrieves account balances, positions and transactions.

The solution offers robo-advisors, bank-level security, transaction consolidation, family member financial tracking, fee management, and advisor comparison.

Founded in 2003, Stockchase compiles expert comments on the stock markets, to help investors to gain information and insight on the market.

Wealthica’s CEO Simon Boulet said, “We were surprised by the assiduity of the Stockchase community which has been coming back to the site steadily for many years. We look forward to continuing the Bruners’ tradition of providing stock opinions and enhance it with app integrations, more content and new features.”

Earlier in the month, Toronto-based Carlton Group received an undisclosed investment from H.I.G. Capital. The company builds solutions for global engagement, sales incentive, and loyalty and reward management.

Canada has seen a lot of activity recently, with digital currency exchange goNumerical closing a CAD$10.5m round, blockchain platform BTL netting CAD$15.5m and banking virtual assistant securing CAD$3m.

Following a slow start to the year, Canada saw a record quarter for funding in 2017 Q3, seeing $250m deployed. This funding level is triple the levels seen in the same quarter last year, and 3x more than Q2.

Copyright © 2017 FinTech Global

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