About Us

We’re Making Local Marketplaces Safer

Every year, thousands of Canadians lose money to scams, no-shows, and fraud on online marketplaces. We built LockNDeal to change that.

Founded 2024
Toronto, Canada
FINTRAC Registered
Money Services Business
1,000+
Transactions secured

Online Marketplaces Have a Trust Problem

Over $50 billion worth of goods are traded locally in Canada every year — on Facebook Marketplace, Kijiji, Craigslist, and dozens of other platforms. Yet none of them protect you when something goes wrong.

Scams & Fraud

Fake payments, counterfeit goods, and identity theft are rampant. Sellers accept fake e-transfers. Buyers pay for items that don’t exist. Everyone loses.

No-Shows & Time Wasters

You drive 45 minutes across town, wait in a parking lot, and they never show up. No penalty. No accountability. Just wasted time and gas money.

Zero Protection

Marketplaces profit from your listings but vanish when deals go sideways. No dispute resolution, no refunds, no recourse. You’re completely on your own.

We Built LockNDeal to Fix This

LockNDeal is a secure escrow platform that sits between the buyer and seller. Funds are locked until both parties meet and confirm the deal — protecting everyone involved.

Escrow-Protected Deals

Funds are held securely by LockNDeal until the buyer inspects the item and confirms. No more fake payments, no more bounced e-transfers.

Accountability Built In

When real money is on the line, people show up. Our lock mechanism eliminates no-shows and time wasters from the equation entirely.

Regulated & Compliant

We’re a FINTRAC-registered Money Services Business. Your money is handled under the same regulatory framework that governs Canadian banks.

“We believe every Canadian deserves a safe way to buy and sell locally. No more meeting strangers with envelopes of cash. No more praying an e-transfer clears. No more getting ghosted after driving across the city.”

Ready to Trade with Confidence?

Join thousands of buyers and sellers who’ve made the switch to safe, secure transactions.

GET STARTED