Rently Secures $12 Million to Expand Rental Payments
The rental platform plans to use the new funding to scale its flexible payment solutions into additional global markets.
Updated on Oct. 27, 2026 in Apartments
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Rental payment platform Rently has secured a $12 million credit facility from January Capital to fuel its expansion efforts. The company provides a service that allows tenants to pay rent in installments while ensuring landlords receive timely scheduled payouts.
Why it matters
The funding will support rental transaction financing and customer acquisition as the company addresses the high cost of housing, which can account for up to 40% of household income. Rently plans to use these resources to scale operations and enter new geographical regions.
Rently currently reports over $50 million in annualised rental volume across three markets and serves more than 2,400 tenants. Transaction volume within the UAE has increased more than fivefold year-on-year.
The players
Rently
This Singapore-headquartered fintech company specializes in rental payment platforms that offer flexible installment options for tenants.
January Capital
This investment firm provided the growth credit facility to support the expansion of rental payment solutions.
Dubai Land Department
This government agency oversees real estate regulation in Dubai and launched the Flexi Rent initiative in 2026.
The details
The platform functions by facilitating flexible monthly rent payments for tenants while guaranteeing consistent payouts for property owners. This model addresses a segment where rent consumes a significant portion of monthly household earnings.
Timeline
In 2025, Dubai recorded nearly 1.2 million tenancy contracts.
In June 2026, the Dubai Land Department introduced its Flexi Rent program.
In October 2026, Rently finalized its $12 million credit facility agreement.
In 2027, the company aims to enter additional markets and raise Series A capital.
Culture Shift
The emergence of specialized rental payment platforms follows the regulatory momentum initiated by the Dubai Land Department's Flexi Rent program. These services reflect a broader global shift toward flexible financing models that decouple traditional annual rental contracts from monthly cash flow constraints.
For tenants, platforms like Rently offer the ability to break down large, lump-sum annual rent payments into more manageable monthly installments. This service can significantly alter monthly household budgeting by aligning payment schedules with standard income cycles.
The takeaway
Flexible rent payment models are gaining traction as a solution for tenants managing high housing costs relative to their income. Users should evaluate the total cost of these services before adopting installment-based payment platforms to ensure they fit long-term budget goals.
What happens next
Rently is preparing to launch a Series A equity funding round to raise between $10 million and $15 million in 2027.
Further reading
Learn more about the evolving landscape of Apartments and modern rental solutions.
Source note: This article includes information reported by Wamda.com 4 Sale.
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