Beedie Capital Announces Investment in WealthONE Bank of Canada
Beedie Capital is pleased to announce its investment in WealthONE Bank of Canada (“WealthONE”), a Canadian Schedule I digital bank, alongside Globalive and other partners.
This investment will support WealthONE’s next phase of growth as it advances its digital-first strategy aimed at modernizing a traditionally slow-moving segment of the Canadian banking sector. WealthONE’s technology-driven model positions it to deliver a modern, customer-centric banking experience across Canada.
For more information on the transaction, please see the full announcement here.
About WealthONE
Founded in 2016, WealthONE Bank of Canada is a federally chartered Schedule I bank offering digital banking services nationwide. WealthONE provides a full suite of personal and commercial banking solutions tailored to the needs of diverse and entrepreneurial communities.
For further information, please visit wealthonebankofcanada.com
About Beedie Capital
Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of the largest private companies in Western Canada. It deploys capital using a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately owned business. Beedie Capital invests in any sector, with a core focus on Metals and Mining, Technology and Tech-enabled Services, and seeks to grow its invested capital alongside the enterprise value of its investments.