Getmomo offers a vertical payment platform for real estate that automates payment flows, provides an alternative to cash deposits, and hedges against payment risks. Through a partnership with Vereinigte Volksbank Raiffeisenbank eG (VVBR), VVBR underwrites digital bank guarantees so tenants can avoid paying traditional cash deposits or swap existing deposits. The platform also helps professional landlords automate rent collections and safeguard against tenant defaults, addressing legacy property-management systems that lack real-time connectivity. The company highlights that repetitive manual work consumes at least 30% of a property manager’s time, framing its product as a digitisation and efficiency play. Getmomo disclosed €3.5 million in seed funding raised last June to support expansion. This year it plans to roll out offerings to secure payments and access future cash flows.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2023