Today, Wealthsimple, the money management platform on a mission to help Canadians achieve financial freedom, announced the addition of a global travel eSIM, powered by Gigs, as part of its new lifestyle rewards program for clients with $200,000 or more in assets. Among many other rewards, eligible clients can choose to stay connected for free while traveling to over 140 countries, eliminating the worry of roaming fees.
Roam like at home
Wealthsimple’s Premium and Generation clients can choose to receive exclusive access to a free 10GB travel eSIM, valid for one calendar year after activation. With just a few taps in the milestone rewards section in the Wealthsimple app, they can install their travel eSIM and go online immediately upon arrival at their destination. The eSIM works across multiple regions, requiring activation only once, and can be used alongside a primary physical SIM or eSIM.
According to Juniper Research, travel eSIM adoption will grow by 440% over the next five years due to increasing demand for high-speed browsing and streaming on the move. In 2024, The average traveler spent over $85 dollars for every 10GB of roaming data. With their travel eSIM, Wealthsimple premium users can browse, post and stream on vacation with no surprise bill.
Dennis Bauer, Co-founder and President of Gigs, said, “Wealthsimple continues to raise the bar with world-class services. As the first Canadian fintech platform to add a travel eSIM, powered by Gigs, to their rewards program, they’ve demonstrated their ability to provide clients with the best rewards in the industry. We look forward to deepening our partnership in the months ahead and continuing to set new standards for seamless connectivity for their millions of clients across the country.”
About Gigs
Gigs, the operating system for mobile services, empowers tech companies to seamlessly embed connectivity into their offerings in weeks. By bundling phone plans and travel data with their core services, Gigs' customers can increase stickiness and turn a profit from Day One with mobile experiences that are entirely new for consumers. Gigs' end-to-end platform provides everything brands need to launch and operate their own multi-market mobile service: premium wholesale connectivity, a hosted checkout, billing, subscription management, analytics, and AI-powered customer service. Backed by Google, Y Combinator, and prominent investors such as Dara Khosrowshahi (CEO of Uber), Tony Xu (Co-founder & CEO of DoorDash), and Fidji Simo (CEO of Instacart), Gigs was founded by Hermann Frank and Dennis Bauer in 2020 and now employs over 90 people across the US and Europe. For more information, visit gigs.com.