Startups and Small and Medium Enterprises (SME) tend to come up with the latest and most exciting products and services based on our society’s evolving needs. On the WADIAA Platform, you get to buy a share of some of the most promising startups and SMEs. By owning a share of the company, in time, if and when the company becomes a success, your share in the business will be worth a whole lot more.
On WADIAA, anyone can invest in private businesses that offer shares of stock, debt and revenue share securities.
You as an Entrepreneur, are no longer constrained to sources of capital such as private equity or venture capital firms, to fund your business. Founders can find like-minded Investors and visionaries who share your passion and are willing to take a chance on you and your business.
Any legitimate, registered business (both local and international) that has a clear business plan, not dealing in restricted activities as per Oman’s laws and whose securities are not traded in any securities market may raise funds on WADIAA.
If your business was formed and registered less than 12 months ago, you are restricted by regulation to fundraise up to USD 260,000. You can raise more than USD 260,000, if your business was registered more than 12 months ago.
The cost of launching a Crowdfunding Campaign on WADIAA varies based on the nature and size of your business. In general, it costs between USD 2,600 and USD 10,000 for the financial review and due-diligence required to launch a fundraising campaign.
If you are looking to raise more than USD 260,000, you will need a full financial audit, which you as the fundraiser will have to bear in addition.
We offer promotional offers for some businesses from time to time. Please contact us to see if your business qualifies for our promotional offers.
All relevant financial information can be found on the campaign page or relevant documents attached in the data room. Please reach out to the Investor help desk, if you have any further questions on a particular campaign.
The Founders decide which securities you wish to offer to investors as well as the terms of the offering. Wadiaa’ s compliance team will then review your proposed offering terms, as well as all the supporting documentation, before the same is finalized and published.
Wadiaa helps Founders with the Fundraising process as follows:
1) We provide a Fundraising Specialist to work with you to plan and manage the fundraise as well as create a marketing strategy.
2) We help develop a fundraising plan based on your business needs and provide pointers on how to go about the fundraising.
3) We review the campaign content for suitability for Wadiaa’s investors.
4) We make the offering available to Wadiaa’s investors across the world.
5) We send promotional offers to all our registered users.
6) We help you find lead investors if required.
7) We provide a communication platform to clarify potential investor questions
8) You should be able to raise a majority of your funding from among Wadiaa’s investor community.
9) We do a preliminary Know Your Customer (KYC) and Know Your Business (KYB) for your Individual and Institutional investors repsectively.
10) We provide a payment gateway for receiving investments.
11) We facilitate the investment process; and
12) We also help in the set up of a Special Purpose Vehicle (SPV) for your investors.
For Fundraising, you will need to disclose key information about your company and the offering. Key information would include the following:
a) Background on the founders
b) Company’s business model
c) Price of shares (Valuation)
d) Target (Goal) amount as well as Minimum amount (if any) to be raised
e) Use of funds (Fundraising proceeds)
f) Audited financial information about the company
g) Investment Terms and Conditions
h) Risks associated with the investment opportunity.
These information will need to be made available to the public for reference.
On Wadiaa, we recommend campaigns of 2 to 3 months duration. We find that shorter campaigns than 2 months tends to not be enough time to gain widespread awareness and enquiry. Longer campaigns than 3 months also tend to not imply a sense of urgency. However, for large raise amounts, longer campaigns can be useful with the use of rolling close.
www.wadiaa.com is a website owned and operated by AL WADIAA FOR COMMERCIAL OPERATIONS (“WADIAA”), a company formed under the commercial laws of the Sultanate of Oman and offering a crowdfunding marketplace, regulated by the Capital Markets Authority (CMA) of Oman.
By accessing this site and any pages on this site, you agree to be bound by our Terms of Use and Privacy Policy, as may be amended from time to time without notice or liability.
Investments on WADIAA are speculative, illiquid and involve a high degree of risk, including the possible loss of your entire investment. Potential Investors must therefore ensure that you clearly understand the high risk involved and ensure that you are in a financial position to bear the loss of the entire amount of your investment. You must also ensure that you are within the regulatory limits for this type of crowdfunding as per your country of residence.
All investment opportunities made available on WADIAA’ s online marketplace is offered directly from the Fundraiser/ Issuer to the Investor. All securities listed on this site are being offered by the Issuer and all information included on this site is the responsibility of the Issuer of such securities.
Any securities offered on this website have not been recommended or approved by any government body or regulatory authority. WADIAA is neither an investment advisor, nor a registered broker-dealer. WADIAA and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities.
Investors, while making their investment decision, must rely on their own thorough examination of the Fundraiser/ Issuer, the risks and merits involved, as well as the terms of the offering.
The Fundraiser/ Issuer is fully responsible for the accuracy and completeness of information provided to WADIAA as well as the information displayed on the Campaign pages. Although WADIAA does conduct its own due diligence to ensure the most genuine and best investment opportunities are offered to our investors. This is by no means comprehensive. Hence, WADIAA does not verify the adequacy, accuracy, or completeness of any information. Neither WADIAA nor any of its agents, employees, officers, or directors makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site.
Fundraisers
Potential fundraisers are strongly advised to consult their legal, tax and financial advisors before fundraising on WADIAA. The securities that you wish to offer must comply with the legal and regulatory requirements in the jurisdiction of registration of the company. You must also ensure that the jurisdiction does not have any restriction to acceptance of funds from the Sultanate of Oman; it is solely your responsibility to comply with the laws and regulations of your company’s jurisdiction as well as that of the Sultanate of Oman.