Singapore Fintech Rently Launches Innovative Property Management Platform

Rently, a Singapore-based fintech, aims to revolutionize property management by offering deposit-free rentals, reducing financial obstacles for tenants. The company, in its seed stage, plans a Series A funding in Q1 2024 for expansion in Singapore and other regions. Rently's innovative approach streamlines the rental process, managing tenants' monthly deposits and combating rental scams.

Founded by industry professionals including Dominic Schacher, Rently integrates SingPass for security, verifying users' legitimacy. The platform addresses the increasing cases of rental scams in Singapore, implementing strict verification for landlords through credit checks and tenant screening.

Rently aspires to set new benchmarks in the Singapore rental market by combining financial and property technology into a user-friendly platform, simplifying property administration and enhancing safety in real estate transactions.

Backed by Aument Capital Partners, Rently appoints experienced investor Dieter Schlosser to its board, signaling strategic leadership in its mission to reshape tenancy agreements and improve the rental process through innovative technology.