“Back home we did this in my street but abroad it’s hard to trust people. This felt familiar but organised. My payout came exactly on the date.”
“I missed doing ajo after relocating because coordinating people here is stressful. I joined this and didn’t have to remind anyone. It just worked.”
“In our church group circle, someone always pays late. Here my turn stayed the same. I used it to restock my small business.”
“I didn’t grow up with group savings so I was skeptical. After one cycle I realized it’s basically scheduled group saving. Very predictable and the best way to save because the group keeps you accountable.”
“I picked a payout date months ahead for travel planning and it landed exactly when promised. That certainty is what sold me.”
No. Members contribute and take turns receiving the full amount.
Yes, WeSpare is a regulated entity operating Canada as a Money Service Business no C100000437 with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). WeSpare does not hold your money directly; all contributions are processed and safeguarded in interest-free accounts with Canadian financial institution partners, helping ensure transparency and security at every step.
No. Your payout date stays fixed once you join.
The system covers missed payments, so your date does not move.
Fees are spread across your contributions up to your payout month. You see the full breakdown before joining.
No. Contributions are structured savings, not interest or loans.
You can choose an earlier payout slot if available.
Meet the co-founders of WeSpare
Our founding partners, Riquiel and Alex are the driving force behind WeSpare's growth and vision.
