This year, addy has been “busy building something big,” the Canadian investment platform recently confirmed.
Since 2020, Vancouver-born addy has enabled Canadians to invest in specific, tangible real estate projects with as little as one dollar.
Now, the addy app is enjoying “its biggest upgrade yet,” according to an update from the fintech startup.
Evolving beyond its original vision, addy is next seeking to build a “Marketplace for Alternative Investing.”
Through the new app system, investors can hold multiple wallet cards, with each one being tied to an Exempt Market Dealer, granting access to their unique investment opportunities.
Additionally, Dealers will now manage their own wallet cards, which can speed up payouts.
Meanwhile, a Legacy Card will hold a user’s past investments (and manage active distributions from said past investments).
Addy believes that this approach will result in more issuers, meaning more opportunities and ways to invest.
Initially, market dealers Atlas One Digital Securities and Equivesto Canada have joined the platform, with more dealers slated to onboard soon, according to the fintech.
The app is described by its creators as a “gateway to more alternatives—faster, smoother, and packed with more choice across web, Android, and iOS.”
The move builds on a statement from addy in 2024 that the Canadian fintech is “committed to expanding investment opportunities that cater to various investor preferences and risk profiles.”
That statement came after launching a credit opportunity onto its digital investment platform for the first time.
Addy also announced a collaboration with Canadian television star and real estate guru Scott McGillivray in 2024 after opening up its platform to all Canadians in 2023.
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