Robo-advising made Wealthsimple's reputation, but COVID-19 day-trading helped make it a unicorn

Wealthsimple Technologies Inc. rose to prominence as a result of its robo-adviser investing service, but it may have pandemic-driven day trading to thank for turning it into a unicorn. The Toronto-based financial startup announced Wednesday that it has recently raised $114 million from investors at a valuation of $1.4 billion,  past the billion-dollar threshold that confers “unicorn” status in startup-speak. ...