Proptech firm Movebubble receives investment from Quintain

March 17, 2019
Share this Post: 

Movebubble, a rental app for those living in the UK, has announced that it has received a new investment from Quintain, a build-to-rent platform, which holds a 10 percent share in the proptech business.

Movebubble’s products include a service where someone attends viewings on behalf of prospective tenants, and the Movebubble Negotiator App which delivers to agents viewing requests from new applicants, alerts negotiators to offers and processes payments in real time. 

The deal marks the first institutional funding for Movebubble, which launched in 2014; both it and Quintain say they believe this investment “will result in a real improvement in the leasing experience and will continue to drive awareness of the build-to-rent sector amongst UK renters.”

Aidan Rushby, chief executive of Movebubble, says: “We are extremely excited to have partnered with Quintain to accelerate our growth. Investment from such a well-respected developer and build-to-rent operator validates all the hard work we have put in, as well as our vision for the company and how we’re looking to change the sector."

Read more here

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.

1099

March 17, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More