Spleet provides a rental management platform that enables landlords to list properties and tenants to find and pay for apartments without hidden fees, using automated rent collection and tenant verification tools. The service addresses the challenges of high rental costs and inefficient property management in Africa by offering flexible payment options and a streamlined marketplace for residential rentals.
Funding
$3.6M raised to dateRaised 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.
BCFAGFLA+1Founders
Product
Problem
Finding affordable and flexible rental options in Africa is challenging due to high upfront costs, lack of convenient payment plans, and inefficient property management processes. Traditional rental agreements often require annual payments, making it difficult for many individuals to access suitable housing. Landlords also face difficulties in tenant verification and rent collection.
Solution
Spleet provides a comprehensive rental management platform designed to streamline the rental process for both landlords and tenants in Africa. For tenants, Spleet offers a marketplace to find apartments with flexible payment options, including monthly and quarterly plans, and access to "Rent Now, Pay Later" loans to finance rental payments. For landlords, Spleet offers tools for tenant verification, automated rent collection, and property listing services to reach a wider pool of potential renters. Spleet aims to create a more efficient and affordable rental ecosystem by addressing key pain points for both parties.
Target Audience
Spleet primarily targets landlords seeking efficient property management and access to verified tenants, as well as tenants looking for flexible rental payment options and a streamlined apartment search experience in the African market.
Features
- Marketplace for curated apartment listings with detailed property information
- Flexible payment options, including monthly, quarterly, and annual plans
- "Rent Now, Pay Later" service providing access to low-interest rental loans up to NGN 3,000,000
- Tenant verification tool for landlords, including due diligence screenings
- Automated rent collection and payment reminders
- Host dashboard for landlords to track earnings and manage properties
- Shortlet options for daily rentals through partnerships with property managers
- All-bills-inclusive options for select Spleet-managed apartments, covering utilities and maintenance