iPartners
Aurora Place, Level 8, 88 Phillip Street, Sydney, New South Wales, 2000, Australia
Overview
iPartners is an online investment platform enabling investors and those seeking capital to transact in an efficient and transparent manner. iPartners are a team of experienced investment professionals who believe that investors can enhance their investing activities through accessing unique alternatives alongside partners. This opportunity for increased returns and enhanced portfolio diversification are what drives the iPartners fundamental view. The iPartners online investment platform is an efficient means by which those seeking aligned capital can reach out to investors by introducing those opportunities for consideration. Through co-investing, investors are aligned on an equal footing with those leading an investment opportunity.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Agriculture
- Financial Services
- Real Estate
Investment portfolio
- Futurerent
Participated · Series A · Jul 2022
Futurerent provides property investors with access to rental income in advance, offering advances of up to $100,000 to help fund deposits and purchases. The Sydney fintech launched in 2019 and has advanced more than $25 million to property investors, primarily for deposits on new property purchases. Futurerent says it leverages proprietary technology and an abundance of Australian data to underwrite and price advances. The company is launching a US division called Downpayments, tailored to finance down payments and to offer buyers agency services. Downpayments will begin serving property investors in Florida with plans to scale throughout the US. Futurerent secured debt funding to support this US expansion. Futurerent offers property investors the ability to receive an advance on future rental income, with applications taking minutes and payouts in about two days. The firm can advance up to hundreds of thousands of Australian dollars against future rent and charges a flat 6% annual rate on advanced rent. Founded in 2019, Futurerent says it has experienced rapid growth and reports no losses and zero defaults since inception. The product is positioned to help landlords fund property improvements or buy additional properties by unlocking rental income early. The company cites specific examples of lending capacity (for instance, a landlord receiving AU$450 per week could access roughly AU$47,000 for another property or AU$23,000 for renovations). Futurerent plans to use new capital to expand its national presence, launch new products, and build further partner integrations.