Co-Founder/CTO
Rently
Rently is a property and financial technology platform that gives Singapore tenants flexible rent payment options, including earning airline miles on rent, splitting security deposits into monthly installments, and delaying rent payments to align with payday. The platform pays landlords directly on time while tenants repay Rently on their chosen schedule, with all users verified via Singpass or ID checks.
- Financial Technology
- Property Technology
- Software Only
- Applications
- Enterprise Software
Updated 8 days ago
Funding
Raised to date
$3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
FVOBWH$3M · Series A
Announced May 2025
Disclosed cumulative: $3M
RoundDateAmountValuationInvestors
Founders
Product
Problem
Traditional rental processes in Singapore require tenants to pay large upfront security deposits, creating a significant financial burden at move-in. Landlords face challenges in tenant vetting and ensuring timely rental payments, while both parties are exposed to potential disputes regarding property conditions and deposit refunds.
Solution
Rently is a property and financial technology platform that streamlines the rental experience by offering flexible payment solutions for tenants in Singapore. The platform allows tenants to earn rewards on rent payments, split security deposits into monthly installments, and delay rent payments to better align with their payday. Rently pays the landlord directly on time each month, while tenants repay Rently on their agreed schedule. The platform also provides ID verification through Singpass, a tenancy agreement checker that flags potential issues before signing, and move-out support to help tenants understand their rights.
Target Audience
Rently targets tenants in Singapore seeking flexible rent payment options, including rewards, lower move-in costs, and delayed payment schedules. The platform also benefits landlords who receive rent on time without needing to change how they manage their properties.
Features
- Earn Rewards on Rent: Pay rent via eGIRO or credit card to earn airline miles, with eGIRO plans from 0.7% fee and credit card payments at 2.9% (3.9% for Amex and foreign cards)
- Lower Move-In Costs: Split the full security deposit into monthly payments across the lease term, avoiding a lump sum at move-in for a small fee
- Delay Rent Payments: Rently pays the landlord on time, while tenants can delay repayment up to 29 days, with service fees starting from $1.50/day
- ID Verification: Every user is verified via Singpass or ID checks, ensuring both parties know who they are dealing with
- Tenancy Agreement Checker: Upload a tenancy agreement before signing to flag clauses that warrant attention
- Home Insurance: Complimentary protection against theft, natural disasters, and more (coming soon)
- Move-out Support: Guidance on tenant rights and next steps during the move-out process