Wealthsimple, a Canadian fintech company, is set to expand its banking services by introducing accounts for children and teenagers, alongside new offerings for small businesses. At a recent event in Calgary, the company announced plans to allow parents to manage their children's finances through a new account system, which includes topping up interest rates directly to kids' accounts. Additionally, a U.S. dollar chequing account with no fees is slated for release by fall 2026, enabling cross-border transactions between the U.S. and Canada. Wealthsimple also plans to introduce a feature that allows clients to designate someone to manage their investment accounts, expected by summer 2026. This move aims to enhance security compared to traditional methods like password sharing. The company is also expanding its offerings for small businesses, promising lower fees for services like chequing accounts and lines of credit. However, Wealthsimple has faced criticism over delayed product launches and increased trading fees, indicating a need for improved customer communication and service delivery.