Power Financial invests C$50 million in 'robo-adviser' Wealthsimple
May 11, 2017 at 14:56 PM EDT
TORONTO, May 11 (Reuters) - Power Financial Corp has invested C$50 million ($37 million) in "robo-adviser" Wealthsimple, bringing its total investment in the 2-year-old financial technology company to C$100 million, they said on Thursday.