Canadian diversified management and holding company
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Power Financial Corporation is a Canadian multinational company that was founded in 1984. Power Financial, a wholly owned subsidiary of Power Corporation of Canada, is an international management and holding company with interests in financial services and asset management businesses in Canada, the United States and Europe. It also has significant holdings in a portfolio of global companies based in Europe.[4][5]
Power Financial, together with IGM financial and Great-West Lifeco, are anchor investors in funds managed by an affiliate, Portag3 Ventures, which operates investment funds dedicated to backing financial services companies. To date, Portag3 Ventures has invested in more than 45 fintech companies and investment funds. Portag3, Power Financial and IGM Financial also hold interests in Wealthsimple, one of Canada’s leading financial technology companies, operating one of the country's largest and fastest-growing digital investing service.[6][7]
PowerFinancial Corporation is a Canadian multinational company that was founded in 1984. PowerFinancial, a wholly owned subsidiary of Power Corporation...
Power Corporation of Canada (French: Power Corporation du Canada) is a management and holding company that focuses on financial services in North America...
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primarily owned by Power Corporation indirectly at 56.6% through investments made through their holdings in PowerFinancial, IGM Financial and Portag3. Prior...
differed from those offered by competitors. Two years later, in 1984, the PowerFinancial Corporation was created as a holding company for Great-West and its...
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the West" (Press release). J.D. Power. 6 June 2016. Retrieved 26 January 2018 – via BusinessWire. "Intact Financial Corporation to Acquire AXA Canada...
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