Rently Raises $12M Growth Credit Facility

Rently, a rental commerce platform headquartered in Singapore with operations across Asia and the UAE, has secured a $12 million growth credit facility. The company provides a platform that allows tenants to choose how and when they pay rent, offering services such as rewards, payment delays, and move-in cost financing.

Investors

The growth credit facility was provided by January Capital, a technology investment firm that supports high-growth companies across the Asia-Pacific region.

Rently Use of Funds

Rently plans to use the capital to extend its rent flexibility offerings across its existing markets in Singapore, Hong Kong, and the UAE, while also supporting expansion into new geographical markets. The facility allows the company to scale its operations in a capital-efficient manner, specifically tied to transaction volumes, while preserving equity for product and technology development.

About Rently

Founded by Tarik Stafford, Dominic Schacher, Siebren Khamphorst, and Emeric Martin, Rently is a rental commerce platform that offers flexible rent payment solutions for tenants. The company operates across Singapore, Hong Kong, and the UAE, using technology and AI to streamline rental payments, provide tenants with greater flexibility, and ensure landlords receive structured, timely payouts.

Funding Details

Company Website: https://rently.sg

Company: Rently
Raised: $12M
Round: Growth Credit Facility
Funding Date: October 2026
Lead Investor: January Capital
Software Category: FinTech
Source: https://www.businesswire.com/news/home/20261026435488/en/Rently-Secures-US%2412M-Growth-Credit-Facility-from-January-Capital-to-Scale-Rental-Innovation-Across-Asia-and-the-GCC