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Vancouver based rent payment processor RentMoola has raised $5m in venture funding led by TriView Capital. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is an online global payment network that allows tenants and owners to pay rent and other payments by credit card, debit card, RM Direct Debit™ or RM Cash™ while earning rewards.
"Our team and board look forward to working with Craig Burrows and his team at TriView Capital on this financing as RentMoola continues to execute our growth and revenue strategy. TriView Capital was an early stage investor in our business and I am pleased to be working with TriView Capital on this follow-on financing as our business grows and matures," said Patrick Postrehovsky, CEO RentMoola. Craig Burrows, TriView CEO added, “The company continues to perfect their modelling and have started to execute their plan to grow their user base. With funding in place, RentMoola is in a position to dramatically grow their business and improve the overall valuation of the company significantly.”
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