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Rent.com.au Limited

Focusing exclusively on the rental market for the growing number of renters in Australia (approximately 7 million), Rent.com.au’s mission is to deliver excellent services for renters and all marketers of rental properties. As increasing numbers of Australians choose renting as a considered lifestyle and investment choice, Rent.com.au is set to become the home for renters with the widest possible choice of homes in one convenient location.

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Technology entrepreneur Bevan Slattery leads $2.75m in investment into Rent.com.au
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Technology entrepreneur Bevan Slattery leads $2.75m in investment into Rent.com.au

- by Company News

Australia’s website made for renters, Rent.com.au (ASX:RNT), has just raised $2.75m, with $2 million of the Placement taken up by a fund backed by successful technology entrepreneur Bevan Slattery.  In making the investment in Rent.com.au, Mr Slattery commented, “I love disruptive platforms that have the ability to scale and Rent.com.au has great potential to achieve that goal. I look forward to supporting the Board and management team and am excited to be backing another innovative Australian technology platform.” The Company is readying to launch RentPay, with which it aims to give renters more control and flexibility over their payments and managing their housing expenses. This launch follows the achievement of a second successive positive EBITDA quarter from the Company’s initial venture, the Rent.com.au portal.

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