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Wealthsimple and Kalshi plan Canadian prediction-markets app

Deals & M&A

Wealthsimple said it plans to launch the Wealthsimple Predict app in Canada this summer with Kalshi, offering event contracts in categories it is authorised to provide. The company said users could access about 4,000 Kalshi contracts, while the stated approval from the Canadian Investment Regulatory Organization covers contracts settling after at least 30 days in approved categories.

The partnership would bring Kalshi event contracts to Canadian customers within the categories Wealthsimple is authorised to offer.

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Deals & M&A

Sportradar reports 47% US revenue growth as prediction-market work expands

Sportradar reported that US revenue rose 47% year on year to €98m in Q3 2026, which the company attributed partly to growing demand from prediction-market businesses. Chief executive Carsten Koerl said the impact of states excluding markets was not material to the company, citing contract terms that restrict content use where those products cannot be offered.

U.S. revenue rose 47% to €98m ($109.7m) in Q3 2026, against Q3 2025. Growing work in the prediction markets industry fueled the 47% year-over-year increase in Sportradar’s U.S. revenue in Q3. CEO Carsten Koerl said he does not worry about more states excluding sports event contracts.

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