The Globe and Mail reports in its Tuesday edition that Wealthsimple has become one of the few Canadian technology companies to achieve a $10-billion valuation after striking one of the largest domestic venture capital financings in recent years. The Globe's Sean Silcoff writes that the Toronto on-line financial services provider said Monday that a group led by Dragoneer Investment Group and Singapore sovereign wealth fund GIC had invested $750-million in the financing. Of that, $550-million went to the company, with the balance used to buy shares from existing investors. Wealthsimple has previously raised $630-million from investors. Canada Pension Plan Investment Board also invested as did existing backers Power Corp. of Canada and affiliate IGM Financial, which each put in $100-million to roughly maintain their 54.2-per-cent combined pre-deal stake. Power Corp. said in a release the value of its pre-existing stake had jumped by 47 per cent since June 30 as a result of the financing. Previous U.S. investors -- Iconiq, Greylock and Meritech -- also participated. Wealthsimple has surpassed $100-billion in assets under administration, up nearly 100 per cent from a year ago, helped by the strength of soaring markets.