The agreement means renters will be able to access increased features and flexibility when sourcing their next rental bond via RENT’s RentBond, which allows them to fund a bond for their new property while their previous bond is still held in their old property.
Fair Go will provide financial technology to facilitate the expansion of RentBond’s features to take the product to the next level in terms of convenience and attractiveness.
Paul Walshe, CEO, Fair Go Finance said the partnership shows how modern and convenient fintech services can be strategically aligned with fast-growing and disruptive industries, like the rental property market, to improve customer experience.
“The work completed so far with RENT demonstrates the potential growth into the rental property industry. This relationship will allow us to deliver better customer experiences for renters and help RENT shape the rental property sector in the future,” said Walshe.
Customers of RentBond will see new and expanded features, including:
Greg Bader, CEO, RENT said there have been significant changes in the financial products market with new and convenient solutions being demanded by millennial consumers.
“We have continued to evolve our products based on the needs of our renters and we are delighted to partner with Fair Go to allow us to expand the product further.
“They are a genuine leader in the provision of financial services and, like us, have customer service as a way of life, not a department,” said Bader.
Fair Go Finance continues to develop fintech solutions to be incorporated strategically into new markets across Australia.
SOURCE Fair Go Finance
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