FinTechFunding

Homeppl: Raises $2M in Funding

  • Homeppl, a London, UK- based tenant referencing system startup, raised $2m in funding
  • Backers included Ascension Ventures, Fair By Design, and JLR Star
  • The company also intends to use the funds to continue its expansion in the UK rental market, adding staff in R&D, operations, and sales
  • Homeppl provides a tenant referencing platform that assesses tenants’ real risk level enabling letting agents to fast-track growth without the risk of fraud, default, or delays
  • The system leverages Open Banking, proprietary behavioral analysis and fraud detection tests to assess the financial situation of potential tenants and ability to afford rent
  • Then the Barclays Techstars company serves big names in letting, including Knight Frank and the Countrywide Group
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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