Flatfair provides an insurance-backed payment technology that lets tenants pay a per-tenancy membership fee instead of a traditional rental deposit, authorising their bank account via debit card and handling end-of-tenancy charges via its portal. The platform issues tenants a trust score that can increase over time and is trialing Open Banking to analyze transaction history for rent-payment verification. Landlords and agents use Flatfair for dispute resolution and evidence submission, with clients including Greystar, Places for People and CBRE. The company positions its product as a cashflow-friendly alternative for tenants who otherwise struggle to afford deposits and aims to make renting fairer and more transparent. Flatfair says it plans to build out new features and expand its platform, with a broader vision of creating an "operating system" for rentals to digitize and streamline tenancy processes. The startup recently raised capital to support hiring and product development.

Total raised

$11M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2019