The CEO of Power Corp. champions investments in fintech companies amid industry downturn

Power Corporation of Canada holds, through various entities, a 42.5% interest in Wealthsimple. He first bought the online investment platform in 2015.Mark Blinch/The Canadian Press Power Corporation of Canada’s POW-T CEO Jeffrey Orr defends the company’s investments in fintech startups, despite a downturn in the sector that has led to a significantly lower valuation of …

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