Access funds through savings circles: a group that saves together and takes turns receiving the total amount.
Saving together means moving forward together.
WeSpare brings new life to the age-old tradition of savings circles offering a secure, simple, and community-driven way to reach your financial goals while strengthening your community.
With WeSpare, saving becomes collective, transparent, and human.
WeSpare is launching soon in beta.
Be among the first pioneers of modern collective saving in Canada.
WeSpare modernizes an age-old tradition of collective saving, known around the world by names like tontine, Natt, Likelemba, Ajo, Sol, Esusu, Daret, Gameyah, Hagbad, Tanda, Chit Funds, Committee, Paluwagan, and more. Through our app, members contribute a fixed amount at regular intervals, and each person takes turns receiving the total sum. No more chasing payments or managing spreadsheets WeSpare automates the process, tracks every transaction, and builds trust among members.
A private circle brings together friends, family, colleagues, or community members who already know each other. Together, they decide the amount, frequency, and payout order based on their own rules.
A public circle is open to everyone on the app. You can join without knowing the other members. The rules including the contribution amount and frequency are set in advance, and the platform manages everything for you.
A Private circle is closed and built on trust between people who already know each other.
A Public circle is open to everyone, easy to join in just a few clicks, and fully secured by WeSpare.
Choose a private circle if you prefer saving with people you know.
Join a public circle to connect instantly with a structured group and enjoy WeSpare’s coverage in case of missed payments.
Yes. The safety of your funds is our top priority.
WeSpare never holds your money directly. All contributions are securely processed through interest-free accounts with regulated Canadian financial institutions.
Every transaction is protected by advanced encryption and stored on secure servers. You can track and view all your activity in the app at any time.
The WeSpare app detects and manages late payments quickly and fairly.
— Automatic reminders are sent before each due date to all members.
— Instant notifications alert the group if a payment is missed.
— Progressive late fees help protect the circle and ensure fairness.
— Funds remain secure : other members’ contributions are never affected.
— The rotation continues : payouts proceed as planned.
— Legally binding agreement : each circle is protected by a signed contract that members can use in case of legal action against a defaulter.
— Public circles : WeSpare guarantees missed contributions to ensure everyone receives their payout on time.
Yes. Each member must securely connect their bank card in the app so that contributions and payouts are made directly to their account.
Sign up on this page to join the waitlist and be among the first to access WeSpare when it launches.
What can I use my payout for?
It’s completely up to you. Members often use their payout to:
— Pay for education expenses
— Buy a home or a car
— Start or grow a business
— Travel
— Get married or support family projects
... and much more.
The payout order is either decided collectively by members or assigned randomly and it’s always visible in the app.In public circles, each participant selects their own position from the available options. Every member signs a legally binding agreement, ensuring transparency, accountability, and trust for all.
Yes. You can participate in multiple circles at the same time, as long as you keep up with your contributions in each one.
Yes. Joining the beta is completely free. Your only commitment is the contribution you make within your circle.
Yes. Associations can set their own:
— Contribution amounts
— Contribution frequency (biweekly or monthly)
— Number of members per circle
— Payout order
No one. Neither your association nor other members have access to it. Your banking details are fully encrypted and never shared; only you and your bank can view them.
Yes. WeSpare uses bank-level security. Your data is used solely to manage your circles and ensure your contributions and payouts are processed safely.
“What I like most is the transparency. I can see in real time who has contributed and track the progress of the circle without having to check in with anyone. Everything is clear from the start, and it gives me peace of mind.”
“No more stress or chasing people for payments! WeSpare sends automatic reminders so I don’t have to think about it. It’s simple and reliable.”
“When I used to save alone, it was so easy to give in to temptation and spend. Committing each month with my friends really helped me stay disciplined and thanks to that, I was able to buy my car much sooner than expected. Without WeSpare, it would’ve taken me at least a year longer!”
“I didn’t have anyone to start a circle with, so I joined a public circle. Even though I don’t know the other members, I know WeSpare covers everything in case of delays. Zero stress!”
“What’s reassuring is knowing that WeSpare is a regulated platform in Canada. My contributions and data are protected. I finally have the same peace of mind I get with my bank.”
“I was able to buy my home! With my group, we save every month, and each of us takes turns receiving the full amount to use as a down payment. Thanks to WeSpare, what once seemed impossible became reality.”
Meet the co-founders of WeSpare
Our founding partners, Alex, Riquiel, and Natalie, are the driving force behind WeSpare's growth and vision.
WeSpare is launching soon in beta! Sign up today to secure your spot on the priority list and get notified as soon as the app becomes available.
