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Rentredi Acquires Erentpayment And Paymentreport

PRIVATEAug 08, 2023

Acquiring Company

Rentredi

Acquired Company

PaymentReport

SoftwareReal EstateSaaSFintechProperty Management

Description

PropTech leader RentRedi has acquired eRentPayment and PaymentReport, further enhancing its award-winning rental management software that simplifies the renting process for both landlords and renters. The acquisition results in an expansion of the RentRedi team, along with providing substantial growth to the company's subscribers base. In addition, the deal provides eRentPayment customers with access to RentRedi's more robust feature set.

Quick answer

Rentredi is acquiring PaymentReport, announced August 8, 2023.

How much did Rentredi pay for PaymentReport?
The deal value was not disclosed.
What does Rentredi do?
RentRedi offers an award-winning, cloud-based rental management platform that simplifies the renting process for landlords and renters by automating and streamlining processes.

Source: Fundz verified event record.

Other recent acquisitions in Real Estate and SaaS

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Rentredi

About

RentRedi offers an award-winning, cloud-based rental management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. For landlords, RentRedi provides all-in-one web and mobile apps to collect rent, list and market vacancies, find and screen tenants, sign leases, and manage maintenance and accounting. For tenants, RentRedi's easy-to-use mobile app allows them to pay rent, set up auto-pay, build credit by reporting rent payments to major credit agencies, prequalify and sign leases, and submit maintenance requests through Latchel. Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market, recently earning recognition as a Capterra "Established Player," a G2 High Performer and a G2 Momentum Leader based on the software's user ratings and popularity. To date, RentRedi has more than $15.5 billion in assets under management and over 25,000 subscribers. The company partners with other technology leaders such as Zillow, REI Hub, Realtor.com, Plaid, Stripe, and Sure Insurance to create the best customer experience possible. For more information visit RentRedi.com. SOURCE RentRedi

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Frequently asked

Who acquired PaymentReport?

PaymentReport was acquired by Rentredi. The deal was reported on August 8, 2023. RentRedi offers an award-winning, cloud-based rental management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Rentredi is privately held and operates in Software.

When did Rentredi acquire PaymentReport?

Rentredi's acquisition of PaymentReport was reported on August 8, 2023. PropTech leader RentRedi has acquired eRentPayment and PaymentReport, further enhancing its award-winning rental management software that simplifies the renting process for both landlords and renters. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PaymentReport do?

Rent payment reporting to credit bureaus to improve your credit history and build your credit score. Sign up to report rent with our rent reporting service. It is privately held.

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