Canadian fintech company Osher has raised up to 425 million Canadian dollars in a new round of funding, Bloomberg reported. The startup's value reached $13.8 billion ($9.8 billion), up 38% on last year. The round was led by Singapore's sovereign wealth fund GIC, the company plans to use the funds raised to expand its product line and develop investment services.

Canadian fintech company Osher has raised up to 425 million Canadian dollars in a new round of funding, Bloomberg reported. The startup's value reached $13.8 billion ($9.8 billion), up 38% on last year. The round was led by Singapore's sovereign wealth fund GIC, the company plans to use the funds raised to expand its product line and develop investment services.