6 years ago
Flatfair Raises $11 Million to Revolutionize Rental Market
London-based fintech Flatfair has secured $11 million in funding led by Index Ventures
The company aims to disrupt the rental market by offering deposit-free renting to tenants, streamlining processes with instant referencing and deposit management solutions
Flatfair has already saved tenants millions in deposit fees and is working with global real estate companies to expand its services
The funding will support Flatfair's mission to create a fairer and more transparent rental experience.
ProblemFinancial Services
"making renting more flexible and affordable for tenants by eliminating the need for large deposits, which can be a significant barrier to entry for many people."
Solution
"offering a deposit-free renting solution that uses technology to assess tenant risk and provide landlords with financial protection. This allows tenants to move in without having to pay a large deposit upfront, freeing up their cash flow and making renting more accessible."