Rental Platform,Rent2Cash Secures €3 Million to Offer Upfront Rent

Rent2Cash, a startup providing up to three years’ rent to landlords, has completed a €3 million pre-seed funding round.

The company, which operates in Italy, oversees rent collection, assists clients, and delivers a formal liquidity proposal within 10 days of the client’s request.

Gianluca Fioranelli, Yilang Chen, and Marco Grassi, the founders of Rent2Cash, stated, “This funding round affirms our business model and supports our vision and execution so far. The funds will advance our product development, speed up the market introduction of our commercial real estate products, and support our growth and hiring goals.”

The startup aims to redefine property value by converting rental contracts into immediate liquidity for owners, addressing a market estimated at over €30 billion annually in Italy and $2.5 trillion globally.

The €3 million pre-seed round includes investments from major Italian banks, institutional investors, and business angels. Rent2Cash made its first rental credit purchase through Banca Finint, which will be financed via securitization of those contracts.

The funds will be allocated to acquiring initial rental contracts and launching new products and features, particularly in the commercial property sector. Additionally, money will be used to enhance VAULT, the proprietary algorithm of Rent2Cash. VAULT analyzes over 50 variables related to the property, rental agreement, and scoring of the owner and tenant to offer dynamic, personalized pricing. The algorithm will soon encompass new asset classes and expand further into the commercial property sector.

Rent2Cash also plans to hire 30 staff members in product, sales, and marketing in the coming months.

Paolo Gabriele, head of investment banking financial institution at Banca Finint, commented, “We are excited to support Rent2Cash as advisors, investors, and servicers of the securitization. This investment aligns with our commitment to innovative financial market solutions and our expertise in the securitization market. Rent2Cash offers a unique platform in an untapped sector with significant growth potential.”

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