About LockNDeal
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.
The problem
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. 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.
Our answer
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 or bounced e-transfers.
Accountability built in
When real money is on the line, people show up. Our lock mechanism takes no-shows and time wasters out of the equation.
Regulated & compliant
We're a FINTRAC-registered Money Services Business. Your money is handled under the same 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.