76% of the UK landlords would like to get upfront for several months in advance. Meanwhile, tenants prefer to pay monthly. Wectory is a service for landlords to get upfront funding in exchange for a discount and for their tenants to manage their payments via the app. The app gives landlords several months’ prepaid rent. Meanwhile, tenants pay as normal – but with a slicker experience. Wectory will receive the corresponding monthly rent payments directly from your tenant and then it’s up to you to decide what happens next. You can either instruct Wectory to continue accepting payments from tenants and transfer them to your account immediately or request another pre-payment if you want.
rental, landlord, tenant, app, prepaid rent
No funding announced yet
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