The Venture Codex

Led · Equity · Mar 2016

RentMoola is a Toronto-based fintech operating an online global payment network for rent and other payments. The platform allows tenants and owners to pay by credit card, debit card, RM Direct Debit™ or RM Cash™ while earning rewards. Members have access to the MoolaPerks™ program, which provides deals on travel, lifestyle, home services and other rewards redeemable across North America, the UK and Europe. Led by co-founder and CEO Patrick Postrehovsky, the company focuses on payment processing and rewards for rental transactions. In February 2016 RentMoola raised $5M in funding to support growth. The company intends to use the funds to expand in key markets including Canada, the U.S., the UK and Europe.