RentMoola, a Toronto, Canada-based online global payment network for renting, raised $5m in funding.
The round was led by Conservice, LLC, and the principals of Wyse Meter Solutions Inc.
The company intends to use the funds to grow in key markets including Canada, U.S., UK and Europe.
Led by Patrick Postrehovsky, Co-Founder and CEO, RentMoola is a fintech company operating 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. The members have also access to the MoolaPerks™ program, which provides deals to travel, lifestyle, home services and other rewards redeemable across North America, UK and Europe.