Sydney-based startup Futurerent, offering property investors up to $100,000 of rent in advance, has secured $50 million in debt financing as it expands into the US market with the launch of Down Payments. Futurerent, founded in 2019, has provided property investors with over $25 million in advances. Down Payments, tailored for the US market, aims to transform real estate purchases by financing down payments and enabling buyers to break-up their financial commitment into manageable, interest-free payments.
Property Fintech Futurerent Secures $50m to Roll Out US business Downpayments