Apps like Wagepay for quick funding

Get a short-term loan fast with these five apps like Wagepay.

Wagepay offers fast payday loans of up to $1,500 24/7. But if you want to compare other options first or if you’re not eligible for a Wagepay loan, here are five apps like Wagepay in Canada that are worth considering.

⚠️ Warning: Be cautious with payday loans
High-cost payday loans are unsustainable for borrowing over a continued period of time and are expensive as a means of longer-term borrowing. If you're experiencing financial hardship call Credit Counselling Canada for free financial counselling (Monday-Friday 8:00am-5:00pm at +1 866-398-5999). You may also want to consider payday loan alternatives. Maximum borrowing costs will vary by province. Review the maximum borrowing cost for your province before entering into a loan agreement.

Payday loan apps like Wagepay in Canada

1. iCash

iCash Payday Loan

$100 – $1,500
Loan amount
7 – 62 days
Loan Term
2 minutes
Min. Turnaround Time
iCash is an online lender that offers instant payday loans 24 hours a day, seven days a week. You can apply online or via a highly rated mobile app, with funds sent out via e-Transfer in minutes.
  • Instant decisions
  • Get funded in less than an hour
  • Get approved and funded 24/7
  • 4.5/5 stars based on over 2,400 Trustpilot reviews
  • Expensive to repay
  • Short repayment period
  • Not available in all provinces
Loan amount $100 – $1,500
APR Varies by province
Term 7 - 62 days
Min. Turnaround time As little as 2 minutes with Interac e-Transfer
How to apply Online
In Store
Credit Check Yes

2. Money Mart

Money Mart Payday Loan

$120 – $1,500
Loan amount
1 – 62 days
Loan Term
60 minutes
Min. Turnaround Time
Money Mart offers payday loans online via its highly-rated mobile app and in-person via its network of Canadian branches. It provides instant decisions, and loans are funded within 24 hours. You'll typically have to repay what you borrow by your next payday.
  • Established lender
  • Apply online or in-store
  • Get your money within 24 hours
  • 4.5/5 stars based on over 4,100 Trustpilot reviews
  • Payday loans are expensive
  • Short repayment periods
  • Not available in all provinces
Loan amount $120 – $1,500
APR Varies by province
Term 1 - 62 days
Min. Turnaround time As little as 1 hour after getting approved
How to apply Online
In Store
Credit Check No

Cash advance apps like Wagepay in Canada

1. Nyble

Nyble Credit Line

$30 – $250
Loan amount
Starting at 0%
APR
30 days, extendable
Term
The Nyble app provides interest-free cash advances of $30 to $250. The funds can be used to cover unexpected expenses and help you avoid NSF fees. Your repayments are reported to the credit bureau to help improve your credit score.
  • Easy application process
  • No interest or late fees
  • Can help you improve your credit score
  • 4.8/5 stars based on over 4,300 Trustpilot reviews
  • $250 may not be a large enough loan for your needs
  • Late payments will also be reported to credit bureaus
  • You'll need to pay a monthly membership fee if you want instant funding
Loan amount $30 – $250
APR Starting at 0%
Term 30 days, extendable
Fees 0% interest with optional fees
Origination fee $11.99
Turnaround time 1-30 minutes with a paid membership or 1-3 business days with a free membership.

2. KOHO

KOHO Cover

$20 – $250
Loan amount
Starting at 0%
APR
Flexible
Term
KOHO Cover provides interest-free cash advances of up to $250. You don't need to complete a credit check to apply, and funds are available instantly within the KOHO app or via ATM. You can repay your advance any time.
  • Easy application process with no credit checks
  • No interest charges to worry about
  • Instant access to funds
  • KOHO Cover monthly subscription fee
  • Monthly KOHO plan fee may also apply
  • $250 loan amount may not be enough for some people
Loan amount $20 – $250
APR Starting at 0%
Term Flexible
Fees 0% interest with a subscription fee starting at $2/month
Turnaround time Immediately

3. Bree

Bree Early Pay

$20 – $350
Loan amount
Starting at 0%
APR
Next pay cycle (65 days max)
Term
Bree provides interest-free cash advances of up to $350 to help you avoid bank account overdraft fees. There are no credit checks required, and you get an instant decision. But a monthly subscription fee applies.
  • Easy application process
  • No credit checks
  • No interest charges or late fees
  • 4.6/5 stars based on over 1,700 Trustpilot reviews
  • $350 loan amount may not be enough for some people
  • $2.99 monthly membership fee
  • You'll need to pay an extra fee if you want an instant loan
Loan amount $20 – $350
APR Starting at 0%
Term Next pay cycle (65 days max)
Fees 0% interest with a $2.99 monthly membership fee
Turnaround time Receive funds within 5 minutes with express delivery (the fee is based on the advance amount) and up to 3 business days for standard delivery.

How does Wagepay compare?

You can get a detailed rundown of what Wagepay offers in our full Wagepay review, but here are the highlights:

Pros

  • Cheaper to repay than traditional payday loans
  • Get funded in a matter of minutes
  • Loans funded 24/7
  • Easy application process and no credit checks
  • Option to postpone or split a repayment

Cons

  • High rates and fees mean loans are expensive to repay
  • Short repayment periods mean you risk getting trapped in a cycle of debt
  • Only available in British Columbia and Ontario
  • Has only been offering loans in Canada since 2023

Bottom line

Wagepay is a viable option if you need a fast loan, but it’s worth remembering that payday loans are extremely expensive. There are also several apps like Wagepay in Canada that are worth considering if you need a Wagepay alternative. These cash advance providers and payday lenders may provide you with a short-term loan that meets your needs, but make sure you’re aware of the full cost of borrowing before deciding where to apply. Compare your payday loan options and cash advance apps to find the right option for you.

Frequently asked questions

To make sure you get accurate and helpful information, this guide has been edited by Leanne Escobal as part of our fact-checking process.
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Writer

Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

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