[Questions & Discussions on Reddit here.]
Dear Wealthica users,
First, please accept my apologies for the lack of communication related to the pricing structure changes that were implemented this morning. We’ve been working for months on shifting our model from free to paid, it started with last year’s announcement and introduction of the Connect Unlimited plan (a limitation we never really enforced) up to today’s move to the required paid version for syncing accounts.
For the past eight years, we have been proud to offer unlimited live account connectivity for free. This has allowed us to grow our community and provide a valuable service to people like you who want a comprehensive view of their financial landscape. During this time, our team has worked tirelessly to support over 150 Canadian institutions connectors and cover all the costs that connectivity providers charge us to ensure that you have a seamless and secure experience when managing your financial data.
As Wealthica has expanded and evolved, we have reached a key point where we need to make adjustments to ensure the sustainability and continued improvement of our platform. The decision to move to a paid model for unlimited account connections is not one we take lightly. However, it is necessary for us to cover the costs associated with maintaining and improving our platform.
Your options to continue using Wealthica?
Beginning in November, Wealthica has implemented a subscription-based model to sync an unlimited number of account connections. This change will allow us to invest in our development team, maintain the highest security standards, and ensure that our platform remains robust and reliable for years to come. Your options to continue using Wealthica are:
- Free Tier allows to track assets manually or sync stock tickers you have on Stockchase
- Connect Plan is available to sync up to 3 accounts ($50/year)
- Connect Unlimited Plan is available to sync an unlimited number of accounts ($75/year)
- Premium Plan offers real-time stock prices and additional options ($150/year)
- Prestige Plan is in development and will offer still more options
How to continue to enjoy Wealthica for FREE?
- GoPeer will offer Connect Unlimited for FREE to all users that open an account & invest $100
- You are an influencer? Get in touch if you have an audience.
What about a Lifetime plan?
We are thinking about offering existing users a lifetime plan that one could get for a one-time fee. If this is an option that sounds interesting for you, please share your thoughts in the thread here.
Commited to providing the best possible experience
We understand that changes like this may raise questions, and we want to assure you that we are committed to providing the best possible experience for our users. To make this transition as smooth as possible, we will be offering a variety of subscription plans to meet different user needs. Please be assured that we will continue to offer a free basic plan with manual tracking for those who prefer a free option.
We appreciate your understanding and continued support as we work to ensure the sustainability and growth of Wealthica. If you have any questions or concerns about these changes, please feel free to contact our support team at firstname.lastname@example.org.
Reddit Discussion Here.
Martin, Cofounder & CEO