Simplii Financial

Simplii Financial
TypeDivision
IndustryFinancial services
FoundedNovember 1, 2017 (2017-11-01)
Headquarters,
Canada
ParentCanadian Imperial Bank of Commerce
Websitesimplii.com

Simplii Financial is a Canadian direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). It offers no-fee chequing and savings accounts, a VISA credit card, Guaranteed Investment Certificates (GICs), mortgages and mutual funds. These savings and investment products are also eligible for registration under a Tax-Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP).

As of 2023, the bank has almost two million clients.