Toronto-based Wealthsimple launched its new Wealthsimple Cash app for iOS and Android back in March, as a solution to allow Canadians to “send cash in seconds.”
Right now, a promotion is offering new sign ups a $25 referral bonus when you open an account. All you need to do is sign up here, download the Wealthsimple Cash app and choose your username and start sending money to fellow users of the app without any fees.
“Wealthsimple Cash is completely free no matter how many times you send or receive money. Think of it as your wallet,” said the company back in March.
Earlier this month, Wealthsimple raised $750 million in new investment, pegging the company’s valuation at $5 billion.
The free $25 sign up bonus will be paid within 10 business days says Wealthsimple.
Click here to sign up for Wealthsimple Cash and get $25 free.
Disclosure: Wealthsimple is an affiliate partner of iPhone in Canada and allows readers to support the site.