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.
Startup investments are generally categorised as high risk investments. Startups are in their very early stages of development and many factors contribute to their early success or failure.
In general, startups have a higher likelihood of failure than established businesses. If a startup fails, you can lose all of your invested amount in that business. Hence, invest only amounts you are willing to and can afford to lose.
Most of the fundraising on WADIAA are for common stock.
Retail Investor (Non-Accredited): An investor who is neither an angel nor a sophisticated investor.
Investors may invest subject to the investment limits imposed by the Capital Markets Authority (CMA) of Oman
Angel Investor (Accredited): An investor who qualifies for one or more of the following three requirements:
1. Your total net personal assets exceed USD 780,000 (Seven Hundred and Eighty Thousand) / OMR 300,000 (Three Hundred Thousand) or its equivalent in foreign currencies; or
2. Your gross total annual income is not less than USD 52,000 (Fifty-Two Thousand) / OMR 20,000 (Twenty Thousand) or its equivalent in foreign currencies in the last twelve (12) months; or
3. You, jointly with your spouse, have a gross total annual income exceeding USD 78,000 (Seventy-Eight Thousand) / OMR 30,000 (Thirty Thousand) or its equivalent in foreign currencies in the last twelve (12) months.
Sophisticated Investor (Accredited): Can be of the following 2 sub-categories
(A) An Institutional Investor that qualifies as one of the below types of institution:
1. Units of the administrative status of the Government.
2. Entities licensed by the Capital Markets Authority (CMA) of Oman including capital market institutions, companies operating in the field of securities, insurance, and Takaful Companies.
3. Financial institutions licensed by the Central Bank of Oman.
4. Pension funds.
5. A company or investment fund with total assets exceeding USD 2,600,000 (Two Million and Six Hundred Thousand) / OMR 1,000,000 (One Million) or its equivalent in foreign currencies.
OR
(B) High Net Worth Individuals (HNWI) who qualifies for one or more of the following three requirements:
1. Your total net personal assets or total net joint assets with your spouse exceed USD 1,300,000 (One Million and Three Hundred Thousand) / OMR 500,000 (Five Hundred Thousand) or its equivalent in foreign currencies, excluding the value of your primary residence; or
2. Your gross total annual income is not less than USD 78,000 (Seventy-Eight Thousand) / OMR 30,000 (Thirty Thousand) or its equivalent in foreign currencies in the last twelve (12) months; or
3. You, jointly with your spouse, have a gross total annual income exceeding USD 130,000 (One Hundred and Thirty Thousand) / OMR 50,000 (Fifty Thousand) or its equivalent in foreign currencies in the last twelve (12) months.
The sum of all your assets minus all your liabilities is your Net Worth.
You can reset your password from the login screen on the Wadiaa portal. You can also change or reset the same from your dashboard settings.
If your questions are not answered by the FAQs, please do reach out to us via the helpdesk email provided in the “contact us” page.
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.
If the minimum funding goal is not reached, all received funds shall be returned to Investors within 5 business days after the closing of the campaign.
If a company has reached its funding goal and there are still days remaining for the campaign to end, you can still submit your request to invest. If the fundraiser has agreed to over-raise above the target amount or if any investor is disqualified for any reason, then your request will be considered in the order received and for the amount available.
In the event of your request being accepted, you will be notified of the same for signing the terms which must be received within 72 hours of being notified. Failure to complete the same within this time-frame shall relegate your request to the bottom of the waitlist.
You can cancel your request to invest while the campaign is under ‘Reserve’ status. Once the campaign moves to ‘Live’ status, you will no longer be able to cancel your request. Please note that if your request is cancelled, you will also be removed from consideration in the waitlist.
To be considered to be an investor, you should have first completed the pre-requisites such as signing the term sheet and transferring the investment amount within the specified time-frame. You will be notified when the pre-requisites are complete.
The next stage of onboarding investors in the offering company can vary based on the nature of business and investment approach adopted. However, you will be kept notified by the fundraiser/ issuer on the progress and when the process is complete.
To contact the company directly, please leave your questions and comments on the discussion tab of the fundraising campaign. An authorised representative of the fundraising company will respond to your registered email. Please note that all communications will be to your registered email address only.
Offerings on Wadiaa are mostly free of additional free of additional charges for investors. This is because Wadiaa makes money from the fees charged to companies raising funds. However, fundraising companies may seek to offset some for the charges and such fees shall be charged to the investor as processing fee over the investment amount.
All fees will be clearly detailed in the investment invoice. However, investors must clearly review the invoice and check with their banks on any additional charges applied by the bank or payment gateway in the case of Wire transfers or ACH transfers.
The need to gather sensitive information such as passport/ national id/ resident card or its equivalent for investment is to conduct due-diligence checks for fraud and money laundering. This is part of our compliance requirements as a regulated crowd-funding platform.
Wadiaa currently accepts three forms of payment: Credit Cards, Wire Transfer and Automated Clearing House (ACH). Please note that all investments are only charged if a company reaches its minimum funding goal.
Once the fundraising has reached the minimum funding goal and campaign status changes from ‘Reserve’ to ‘Live’ then, the wiring instructions will be emailed to your registered email address. The same information will be available under notifications in your dashboard.
When the fundraising campaign is successful, and the fundraising company receives your funds, a confirmation email will be issued by the fundraising company with details of your investment, a copy of your signed agreement, record of your shares. This could take from a few weeks to a few months after completion of the investment, depending on when the fundraising company requests dispensation of funds.
Please note that shareholding is recorded and maintained in electronic format nowadays and hence, no physical stock certificates will be issued.
Once the fundraising campaign has closed, the investors whose funds have been received by Wadiaa will be included in the dispersement.
If the company is doing rolling closes across the campaign duration, then if your funds are received in time for that rolling close then, you will be included in that close for that dispersement.
If you are included in the dispersement, you will be emailed a copy of your signed term sheet/ agreement, that has been counter-signed by Wadiaa, to serve as your proof of purchase, immediately following the withdrawal.
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.
Startup investments are generally categorised as high risk investments. Startups are in their very early stages of development and many factors contribute to their early success or failure.
In general, startups have a higher likelihood of failure than established businesses. If a startup fails, you can lose all of your invested amount in that business. Hence, invest only amounts you are willing to and can afford to lose.
Most of the fundraising on WADIAA are for common stock.
Retail Investor (Non-Accredited): An investor who is neither an angel nor a sophisticated investor.
Investors may invest subject to the investment limits imposed by the Capital Markets Authority (CMA) of Oman
Angel Investor (Accredited): An investor who qualifies for one or more of the following three requirements:
1. Your total net personal assets exceed USD 780,000 (Seven Hundred and Eighty Thousand) / OMR 300,000 (Three Hundred Thousand) or its equivalent in foreign currencies; or
2. Your gross total annual income is not less than USD 52,000 (Fifty-Two Thousand) / OMR 20,000 (Twenty Thousand) or its equivalent in foreign currencies in the last twelve (12) months; or
3. You, jointly with your spouse, have a gross total annual income exceeding USD 78,000 (Seventy-Eight Thousand) / OMR 30,000 (Thirty Thousand) or its equivalent in foreign currencies in the last twelve (12) months.
Sophisticated Investor (Accredited): Can be of the following 2 sub-categories
(A) An Institutional Investor that qualifies as one of the below types of institution:
1. Units of the administrative status of the Government.
2. Entities licensed by the Capital Markets Authority (CMA) of Oman including capital market institutions, companies operating in the field of securities, insurance, and Takaful Companies.
3. Financial institutions licensed by the Central Bank of Oman.
4. Pension funds.
5. A company or investment fund with total assets exceeding USD 2,600,000 (Two Million and Six Hundred Thousand) / OMR 1,000,000 (One Million) or its equivalent in foreign currencies.
OR
(B) High Net Worth Individuals (HNWI) who qualifies for one or more of the following three requirements:
1. Your total net personal assets or total net joint assets with your spouse exceed USD 1,300,000 (One Million and Three Hundred Thousand) / OMR 500,000 (Five Hundred Thousand) or its equivalent in foreign currencies, excluding the value of your primary residence; or
2. Your gross total annual income is not less than USD 78,000 (Seventy-Eight Thousand) / OMR 30,000 (Thirty Thousand) or its equivalent in foreign currencies in the last twelve (12) months; or
3. You, jointly with your spouse, have a gross total annual income exceeding USD 130,000 (One Hundred and Thirty Thousand) / OMR 50,000 (Fifty Thousand) or its equivalent in foreign currencies in the last twelve (12) months.
The sum of all your assets minus all your liabilities is your Net Worth.
You can reset your password from the login screen on the Wadiaa portal. You can also change or reset the same from your dashboard settings.
If your questions are not answered by the FAQs, please do reach out to us via the helpdesk email provided in the “contact us” page.
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.
If the minimum funding goal is not reached, all received funds shall be returned to Investors within 5 business days after the closing of the campaign.
If a company has reached its funding goal and there are still days remaining for the campaign to end, you can still submit your request to invest. If the fundraiser has agreed to over-raise above the target amount or if any investor is disqualified for any reason, then your request will be considered in the order received and for the amount available.
In the event of your request being accepted, you will be notified of the same for signing the terms which must be received within 72 hours of being notified. Failure to complete the same within this time-frame shall relegate your request to the bottom of the waitlist.
You can cancel your request to invest while the campaign is under ‘Reserve’ status. Once the campaign moves to ‘Live’ status, you will no longer be able to cancel your request. Please note that if your request is cancelled, you will also be removed from consideration in the waitlist.
To be considered to be an investor, you should have first completed the pre-requisites such as signing the term sheet and transferring the investment amount within the specified time-frame. You will be notified when the pre-requisites are complete.
The next stage of onboarding investors in the offering company can vary based on the nature of business and investment approach adopted. However, you will be kept notified by the fundraiser/ issuer on the progress and when the process is complete.
To contact the company directly, please leave your questions and comments on the discussion tab of the fundraising campaign. An authorised representative of the fundraising company will respond to your registered email. Please note that all communications will be to your registered email address only.
Offerings on Wadiaa are mostly free of additional free of additional charges for investors. This is because Wadiaa makes money from the fees charged to companies raising funds. However, fundraising companies may seek to offset some for the charges and such fees shall be charged to the investor as processing fee over the investment amount.
All fees will be clearly detailed in the investment invoice. However, investors must clearly review the invoice and check with their banks on any additional charges applied by the bank or payment gateway in the case of Wire transfers or ACH transfers.
The need to gather sensitive information such as passport/ national id/ resident card or its equivalent for investment is to conduct due-diligence checks for fraud and money laundering. This is part of our compliance requirements as a regulated crowd-funding platform.
Wadiaa currently accepts three forms of payment: Credit Cards, Wire Transfer and Automated Clearing House (ACH). Please note that all investments are only charged if a company reaches its minimum funding goal.
Once the fundraising has reached the minimum funding goal and campaign status changes from ‘Reserve’ to ‘Live’ then, the wiring instructions will be emailed to your registered email address. The same information will be available under notifications in your dashboard.
When the fundraising campaign is successful, and the fundraising company receives your funds, a confirmation email will be issued by the fundraising company with details of your investment, a copy of your signed agreement, record of your shares. This could take from a few weeks to a few months after completion of the investment, depending on when the fundraising company requests dispensation of funds.
Please note that shareholding is recorded and maintained in electronic format nowadays and hence, no physical stock certificates will be issued.
Once the fundraising campaign has closed, the investors whose funds have been received by Wadiaa will be included in the dispersement.
If the company is doing rolling closes across the campaign duration, then if your funds are received in time for that rolling close then, you will be included in that close for that dispersement.
If you are included in the dispersement, you will be emailed a copy of your signed term sheet/ agreement, that has been counter-signed by Wadiaa, to serve as your proof of purchase, immediately following the withdrawal.
You can view the investment status from your account dashboard.
After the campaign has successfully closed, you can view your subscription agreement against each investment in your investor account dashboard.
After the close of the fundraising campaign, you can contact the fundraising company or the Lead Investor if you need to sell your shares. The fundraiser or alternately the Lead Investor for the crowdfunding will provide options on how you can go about selling your shares.
Some investments may have a lock-in period of a year or more in some cases, as detailed in the investment terms. In these cases, you may have to wait until the lock-in period is over, to sell your investment.
Investors are restricted from reselling shares during the lock-in period. The exception to the restriction is in the event where the shares need to be transferred to:
a) a family member in connection with your death or divorce or other similar circumstances permitted by law (Family members may include spouse, children, grandchildren, siblings, parents, grandparents, in-laws, or legally recognized adoptive relationships.
b) the company that issued the securities
Investment request may be cancelled during the Reserve stage of the fundraising campaign. Once the campaign is Live, then investors may cancel within a five (5) day cancellation timeframe. If not cancelled, and the funds have been transferred and received in the accounts, then no further cancellations will be possible.
Once cancelled, the cancellations will be processed within five (5) days, but the funds can take up to 10 days to get credited into your account.
To make changes to your investment reservation, you will have to cancel your previous reservation request and re-submit a new reservation request.
Cancelling the reservation may be initiated from your investment dashboard. Once cancelled, you will have to return to the fundraising campaign to re-initiate the reservation request.
Wadiaa provides a Marketplace for companies to raise funds. Once the campaign is successful and funds are handed over to the company, Wadiaa’ s involvement in the fundraising ends. Hence, Wadiaa has no control or involvement into your investment after the close of the campaign.
Furthermore, we are restricted by regulation to offer financial advice. Hence, we recommend you consult an investment professional to understand future potential of your investment.
Wadiaa is not authorised to provide tax related advice. Please contact a tax professional to assist you with the same.
Tax liability could vary based on your jurisdiction of residence as well as citizenship. Usually income or loss needs to be reported at the time of exiting from an investment. Please contact the Fundraiser or the Lead Investor for further details.
The Investment Wallet holds the funds to be used for investing and for receiving refunds and dividend for loans. All funds in your Investment Wallet will be held separate from Wadiaa’ s accounts by our banking partner and not by Wadiaa.
Registering on the Wadiaa Platform takes few minutes. However, crediting funds into your Wallet can take up to two (2) days.
We require your personal information due to regulatory requirement to conduct our due-diligence as well as to assess your suitability to ensure our investment opportunities align with your financial and investment goals.
Investment request may be cancelled during the Reserve stage of the fundraising campaign. Once the campaign is Live, then investors may cancel within a five (5) day cancellation timeframe. If not cancelled, and the funds have been transferred and received in the accounts, then no further cancellations will be possible.
Once cancelled, the cancellations will be processed within five (5) days, but the funds can take up to 10 days to get credited into your account.
Once the account is active, you can transfer funds from your bank into your Investment Wallet. Please ensure the Name on your Bank Account matches that of your Wadiaa Account.
Your Investment Wallet funds can be withdrawn at any time. You can withdraw amount equal to your current Wallet balance minus any Investment reserve/ commitment amount. Withdrawal requests will be processed by the Wadiaa agents and you will receive an email to notify and confirm the request.
Only one bank account may be linked to your Wadiaa Investment Account at any given time. If you have any change to your bank account, please contact us at investorhelp@wadiaa.com
Wadiaa is not authorised to provide tax related advice. Please contact a tax professional to assist you with the same.
Tax liability could vary based on your jurisdiction of residence as well as citizenship. Usually income or loss needs to be reported at the time of exiting from an investment. Please contact the Fundraiser or the Lead Investor for further details.
English 
Arabic