Lifeline for renters as rent now, pay later solution hits market

Prospective tenants in Nigeria can now heave a sigh of relief as a rental solution that eases renting and makes access to homes a lot easier has entered the property market. The solution, known as Rent Now Pay Later is a rent-financing initiative, offering low-interest, collateral-free loans up to N3 million. The solution is being promoted by a property technology (proptech) company known as Spleet which, according to its officials, was created to enable renters to find a home and pay monthly, quarterly or annually. The firm has raised $2.6 million led by MaC VC to scale up its property management products. Read full article: businessday.ng

Lifeline for renters as rent now, pay later solution hits market

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