The Globe and Mail reports in its Thursday edition that Wealthsimple Technologies will begin to offer customers a way to deposit cash through their local Canada Post office, as the fintech tries to address gaps in digital banking services. The Globe's Mariya Postelnyak writes that the Toronto financial services provider and the Crown corporation announced last week plans to test the new service for a select group of customers, allowing cash deposits through more than 5,500 post office locations across the country. It will be available to all Wealthsimple customers in a few weeks, the company said. "As a digital-first product, we don't have the extensive network of branches and ATMs that big banks do," Danish Ajmeri, director of product at Wealthsimple, said in a statement. "Over the last six months, we've worked hard to get creative and find alternatives to offer services our clients would typically go to physical branches for." Eligible customers can make a deposit using a QR code, which a Canada Post clerk would scan to initiate the transfer after validating a government-issued photo ID. There is no fee for depositing the funds. The rollout is part of Wealthsimple's recent efforts to replace branch-based banking.