Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Goodlord acquires fintech app acasa

acquisition

The acquisition will see Goodlord incorporate acasa’s tech into their existing offering

Goodlord, the lettings technology and services platform, has acquired the fintech app acasa to broaden the range of services it offers to letting agents and their landlords and tenants.

acasa is a fintech platform which allows tenants to manage household bills and split costs between housemates easily. The acquisition, which is for an undisclosed sum, will see Goodlord incorporate the tech into their existing offering.

Tom Mundy, chief operating officer of Goodlord, said: We’re delighted to be acquiring acasa and bringing it into the Goodlord ecosystem.

Our platform offers a modern customer experience to tenants on behalf of agents, and this is a fantastic opportunity to continue adding value to these tenants, making the rental process smoother and more enjoyable, he said.

For letting agents, it will make offering additional services – such as utility switching and broadband set-up – even easier, whilst enabling them to benefit from even higher conversion rates and commissions, he said.

He said: This news represents another step forward in our plan to build the sector’s strongest end-to-end offering; one which saves agents money, time and hassle whilst modernising the rental experience for all.

Nick Katz, FRICS, co-founder and chief executive of acasa, said: We set out on this journey with the purpose of building foundational technology that runs the home, so the world can live better, together.

He said: In Goodlord we’ve found the perfect match for the next stage of acasa’s journey. We’re excited that our technology will now be a part of the market leader in the residential rental property market in the UK; this will enable our purpose and our product to reach more tenants than ever before.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.