A financial technology startup geared towards helping residential renters says it has acquired $8 million in seed funding from financial backers.
Named Till, the fintech platform received the funding from Route 66 Ventures, MetaProp and NextGen Venture Partners. Till said it will use the money to continue its growth and to attract new landlords and renters as users.
The company's Flexible Rent platform lets renters set up a customized payment schedule that better lines up with their individual cash flow situations. The goal is to help "them to become consistent, on-time payers," and avoid late fees.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Thomas Phillips
Thomas Phillips is part of the social media team at ALM Media.
