DomoPay
Domopay is an Italian platform that applies open banking to the rental market, enabling landlords and agencies to verify prospective tenants' creditworthiness using real bank transaction data instead of traditional pay stubs. The platform automates rent collection via instant bank transfers, manages maintenance requests with AI-assisted triage, and provides an Experian credit score alongside a sustainable rent calculation. It targets the Italian rental market, where 62% of tenants pay late and one in two leaves with unpaid rent.
- Artificial Intelligence
- Enterprise Software
- Financial Technology
- Property Technology
- Software Only
Funding
Founders
Product
Problem
In Italy, 62% of tenants pay rent late and one in two leaves a property with unpaid rent, creating a significant trust gap between landlords and tenants. Traditional verification methods based on pay stubs exclude millions of financially solid workers with non-traditional income and fail to protect against fraud, leaving landlords without reliable tools to assess tenant reliability.
Solution
Domopay is the first platform in Italy to bring open banking to the rental market, analyzing a candidate's real bank transactions from the past 6-12 months via PSD2-secured protocols to generate an Experian credit score and a sustainable rent calculation. The platform automates rent collection through instant bank transfers with zero transaction fees, sends automatic payment reminders to tenants, and manages maintenance requests through an AI system that triages issues and suggests the most suitable technician, reducing unnecessary site visits by up to 40%. Landlords and agencies receive instant reports with aggregated income data, spending patterns, and attention points, while tenants retain control over their data through explicit, revocable consent.
Target Audience
Primary customers are Italian property owners and real estate agencies managing residential rentals, particularly those dealing with late payments, tenant screening challenges, or maintenance coordination across multiple units.
Features
- PSD2-based tenant verification analyzing 6-12 months of real bank transactions, requiring only 2 minutes from the tenant's smartphone
- Experian credit score (0-1000) calibrated for the Italian market, with sustainable rent calculation and income stability metrics
- Automated rent collection via instant bank transfers with zero transaction commissions and automatic payment reminders
- AI-powered maintenance management that classifies issues, attributes costs with regulatory references, and recommends the appropriate technician
- Privacy-first design: landlords see only aggregated scores and income data, never individual transactions or account balances
- Works for both long-term and short-term rental contracts, including mixed portfolios