Vancouver Proptech Startup addy Launches Canada’s First Crowdfunded Real Estate Investing App

April 27, 2022 Entrepreneurs, Start-ups, Small Businesses, Equity Crowdfunding, Alternative Funding, FinTech and Alternative Finance, Fintech Services, Fundraising, Investing, Trading, Innovation and Resources, Online Funding / Investing Portals No comments

Techouver | Apr 21, 2022

Vancouver proptech startup addy has launched Canada’s first crowdfunded real estate investing mobile iOS app.

addy believes in real estate for everyone with a crowdfunding platform that breaks down traditional barriers to real estate investment.

As an addy member, you can invest in institutional-grade commercial real estate (e.g., entire apartment buildings, commercial complexes and business parks) across Canada for as little as $1, enjoying fractional ownership without any work and a possible return on your investment.

See: How Proptech is changing the real estate industry

Using the addy app, Canadians get notified when a new property drops, connect with their growing community on Discord, and unlock the new addyverse – a digital twin of all of your addy investments.

Micheal Stephenson, CEO and co-founder of addy:

“We wanted to bring the accessible investing experience we’re known for closer to our members through a mobile app. From your palm, you can now invest in a commercial complex, business park, or apartment building alongside thousands of other community members. We are thrilled to offer Canadians a simple and fun way to start building their financial future with real estate.”

addy’s real estate deals are generally not available to the average Canadian, they simply trade from one wealthy individual to another and are never listed publicly.

See: Should I invest in real estate crowdfunding in Canada?

addy has listed 25 properties and counting on the addy platform and has raised over $10 million from thousands of Canadians, with a total asset value of nearly $500 million. Residents of Alberta, British Columbia, Ontario and Quebec over the age of the majority can become an addy member for $25/year.

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NCFA Jan 2018 resize - Vancouver Proptech Startup addy Launches Canada’s First Crowdfunded Real Estate Investing App The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org