Who is Wagepay?
Wagepay started in Australia in 2020 and opened its Canadian business in British Columbia in 2023, later adding Ontario and Alberta. It lends only against employment income, and the amount is tied to your pay — reported as up to a quarter of your salary, to a ceiling of $1,500.
Who is Wagepay suited to?
Fast and simple for people with a regular paycheque. It is newer than most lenders here, and it is not an option if your income comes from benefits or a pension.