Rezy Offers Easy Life with Rental Platform Launch

Altrincham-based fintech startup's ambitions are to become “the first and only real estate-backed challenger bank in the world”.

Fintech startup Rezy is all revved up with the launch of its global rental platform in Altrincham.

The fintech startup is targeting the B2C and B2B sectors – and is currently available in the UK and Turkey. The three names behind Rezy (aka Rezypay) are David Price, Umut Emirler and Omer Uyan. Emirler and Uyan also work at UP Capital Management in Istanbul.

Rezy will offer digital legal contract and credit card payment services through its website and mobile app.

The fintech startup believes the rental aspect in life is “overlooked and undervalued by the financial world”.

Rezy explains: “Essentially, rent payments make up nearly 40% of an individual’s income until the age of 35, yet this major chunk is in no way rated or appraised to benefit the tenant.”

It adds: “After all, a person who pays their monthly phone bill gets a solid credit rating, yet a person who pays three thousand dollars of rent per month gets no benefit.”

For individuals they can use Rezy to pay rent with a credit card, monitor rent income and expense, and make a virtual contract via the platform.

The tech firm wants to offer a global rating system for tenants by structuring and processing global real estate data on its platform, which will “essentially constitute a global investment passport”.

In terms of businesses, Rezy says it provides assistance for the management of property for companies with multiple properties and brands. For example, a client could be an owner of a restaurant chain or own properties in different countries. That user can upload these properties to Rezy and track rent payments and income.

Business users could also allow account access to more than one person – such as a manager, lawyer and accountant – so they could manage such matters.

Future plans for businesses include property and rent insurance.

While Rezy has just appeared on the UK’s fintech scene, its ambitions are very clear as it wants to become “the first and only real estate-backed challenger bank in the world”.

Antony Peyton
Antony Peyton
Antony Peyton is the Editor of eWeek UK. He has 18 years' journalism and writing experience. His career has taken him to China, Japan and the UK - covering tech, fintech and business. Follow on Twitter @TonyFintech.
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