As a platform approved and regulated by the Market Capital Authority, we review and approve every pitch on the site to ensure that all the information presented to the crowd is fair, clear and not misleading.
We conduct thorough due diligence on the company, its legal structure and directors using leading third-party providers. We also verify evidence supporting any claims being made by the business such as market size, contracts, and partnerships to ensure the information provided is accurate.
No. As an investor, you will keep all the valuation based on the amount you invested, and the Equity offered by the entrepreneur (if any).
The investor will get their investment refunded if the campaign gets closed and the raised amount is less than the minimum target amount as specified by the entrepreneur.
However, if in any case, the investor wants to cancel their investment before the closing of the campaign, they can contact the support team on [email protected].
You can check the campaigns in which you have invested in your profile “My Investments, where you can see the investment amount, the offered equity (if provided by the entrepreneur).
Usually, the return on the investment might take time as the business grows. However, the management of the return is managed externally of the platform and the platform has no share in the same.
The target amount along with the Equity of the company is specified by the Entrepreneur who will creating the campaign. The investor will get the shares or the equity based on the amount they are investing.
Firstly you have to get registered and agreed to our terms of policy. Rawafid supports only genuine investors in the platform and thus the profile verification is required which will be done by Rawafid through it's screening process.
Find a campaign you are interested in and conduct your own due diligence by researching the campaign and the entrepreneur. When you feel ready to make an investment commitment, click the “Invest Now” button and follow the instructions. That's it; you're now committed.
If the proposal receives 100% of its funding target within the time allowed, we work with the entrepreneur on completing the share issuance process.
There are many reasons to invest in deals on Rawafid.
Here’s a list of some of the most popular reasons:
The due diligence check ensures that businesses applying to raise funds on Rawafid are legitimate and exist.
Additionally, background checks will be done on the team and founders / entrepreneurs to ensure that there is no history of fraud or other relevant criminal activity.
When you make an investment by clicking “Invest Now” on any campaign, all you are doing is making a commitment to invest your funds held on account with Rawafid.
Your money is held within our segregated client account and is only paid out once the minimum or funding target has been hit.
Investors will be shareholders in the business throughout its lifetime or until they sell or dispose of their equity stake. If the entrepreneur seeks further investment, this may dilute the relative size of the equity the investor has. However, even in this case, where the business is raising funds at a higher valuation, this may mean that the new equity share is valued higher than the original amount invested.
The process works exactly the way it happens offline; Rawafid is only replicating it online.
Rawafid is an equity crowdfunding platform that connects businesses with investors.
Apply to raise funds here, and if your business successfully passes through our screening and due diligence processes, you can then launch a fundraising campaign on the platform.
Crowdfunding through rawafid makes the process much more accessible, transparent, efficient, and cost-effective than raising from more traditional sources of capital.
The eligibility criteria are simple: at a minimum, we need you to be an operational SME raising a funding target of at least OMR 25,000. It’s good if you have a revenue generating business that will attract more investors to your campaign for the investment.
We have tried to make the application process as easy as possible. You simply need to register, and the system takes you through a series of steps that are user-friendly and easy to follow.
You would be required to provide few details related to your campaign for the screening process.
You can upload a video of your pitch deck or campaign plan that highlights the management team, business value proposition, market segment, revenue model, and use of funds.
Don’t worry; we’re here to help, so get in touch if you have any questions regarding the application process. Contact us either [email protected].
Definitely. This is what Crowd investing is all about.
Entrepreneurs are encouraged to promote their presence on Rawafid
and the investment opportunity they are presenting. We give each
entrepreneur clear guidelines on what they can and cannot do to
ensure adherence with the local rules and regulations.
This depends on how much you are looking to raise, at what price, and for what purpose with respect to your campaign idea.
Yes, you can edit some parts of the proposal after launch, but there are restrictions. For instance, you cannot increase the amount being raised or reduce the amount of equity being offered.
We are largely sector agnostic, meaning that we don’t focus on specific sectors or industries. However, we aim to list businesses that are suitable for defined category investment opportunities and will interest our investor network, and we select businesses accordingly.
We provide a stable and transparent platform for members of the crowd to make their own decisions. We ensure the information is displayed in a clear and organised manner, but an individual investor must do their own research and due diligence before making an investment.
What documents I need to upload for my fund-raising campaign?
The fees are simple. You pay nothing to apply or upload the campaign.
Once a campaign has been approved, then the Investors can view the details of your campaign and can invest.
If the campaign is successful i.e., the campaign raised the minimum required amount that the entrepreneur mentioned, Rawafid takes a success fee of X% of the amount raised.
The most crucial aspect is continuing to work on getting people from your personal networks to invest. Early traction from these investors will help validate your business and the campaign, inspiring confidence in your campaign and motivating the crowd to invest.
You must also provide clear, honest details for the campaign. Your ability to obtain the funds will be dependent on this. You have a responsibility to always act truthfully and with integrity.
If the minimum asked fund is not raised before the expiry date of the campaign mentioned by you, then your campaign will be removed from the platform, and you will not get any amount.
If you do not mention any expiry date for the campaign, then the campaign will be listed in the platform till you have maximum asked fund raised.
However, if in the middle you decide to close your campaign, when the desirable fund is not received, you can get in touch with us at [email protected].