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Homeppl: Raises $2M in Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Homeppl: Raises $2M in Funding

By Steve Sam

November 27, 2020

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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