Funding portals can operate under one of these two schemes:

The following is a list of the equity crowdfunding portals in Québec:

Portal name Website Scheme

StellaNova

stellanova.ca

Start-up crowdfunding registration exemption

GoTroo

gotroo.com

Start-up crowdfunding registration exemption

FrontFundr

frontfundr.com

Registered dealer

CanaDragon Enterprise Equity Crowdfunding Interchange

ecfvx.ca

Start-up crowdfunding registration exemption

RealStarter

realstarter.ca

Start-up crowdfunding registration exemption

Liquid Crowd

liquidcrowd.ca

Start-up crowdfunding registration exemption

Registered dealer:

This type of portal is operated by a dealer registered with the AMF. Its activities are governed by legislation and the applicable rules and regulations. A dealer that operates a portal has the obligation to ensure that the investment products it offers suit the client's needs and financial profile. For more information about a registered dealer that operates a portal, please see the Register of firms and individuals authorized to practise.

Start-up crowdfunding registration exemption:

This type of portal is not registered with the AMF and has very limited obligations towards investors. It cannot provide any investment advice and does not have the obligation to ensure that the investment products it offers are suitable in light of the client's needs and financial profile. Therefore, you should be very careful before investing through one of these registration-exempt portals.