Wealthica, a Canadian fintech startup offering investors a consolidated view of their net worth, has acquired Stockchase, a local online investment publication, for an undisclosed sum.
Stockchase compiles comments made by experts on stocks to help investors identify their favourite stock. The site currently has over 100,000 visitors per month and investors currently track more than $1bn of investments using its aggregation platform.
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Commenting on the acquisition, Stockchase co-founder Chris Bruner said: “We are happy it has been acquired by a team of talented app developers. Stockchase’s community will benefit from future site enhancements and integrations between the content site and Wealthica.”
Wealthica CEO Simon Boulet added: “We look forward to continuing the Bruners’ tradition of providing stock opinions and enhance it with app integrations, more content and new features. We firmly believe Stockchase will be key in our quest to give investors the true picture of their investment portfolio.”
