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Simplii Financial – Everything you need to know

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Features, Benefits and How it Works

Simplii Financial is a Canadian digital banking platform that offers a wide range of financial services exclusively online.

It caters to personal users, providing checking and savings accounts, credit cards, mortgages, and investment products. Simplii is known for its low fees and user-friendly mobile and web platforms, making it a popular choice for customers seeking a convenient, branchless banking experience.

Although Simplii operates digitally like a neobank, it is owned by the Canadian Imperial Bank of Commerce (CIBC), one of the country’s largest traditional banks. This affiliation gives it the stability and trust of a conventional bank while maintaining the flexibility and accessibility of digital banking.

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Founded: 2017

Headquarters: Toronto, Canada

Users: unknown

Countries available: Canada

Account plans: checking and savings accounts for personal users

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