Zenbase, Canada’s leading provider of resident-first financial health amenities, today announced a strategic partnership with Equiton Living to bring industry leading rent reporting and flexible payment solutions to thousands of households across Canada. The collaboration underscores Zenbase’s mission to improve financial wellness for renters nationwide while supporting property operators in delivering more resident centric services.
Through this partnership, residents will gain access to Zenbase’s innovative financial tools designed to build credit, reduce financial stress, and support long-term stability.
Automated Rent Reporting
Residents can have their on time rent payments reported to both major credit bureaus, helping them build and strengthen their credit profiles simply by paying rent.
Flexible Rent Payments
Residents have the option to split their monthly rent into smaller, more manageable installments aligned with their pay schedules. This added flexibility reduces financial stress, helps households better manage cash flow, and lowers the risk of late fees or missed payments.
“Equiton Living stands out in the Canadian rental market for its long-term, resident first mindset, and we’re excited to have them using our platform” said Koray Can Oztekin, CEO of Zenbase
Zenbase’s platform integrates seamlessly with property management operations and has a history of measurable improvements in resident satisfaction, on‑time rental payments, and overall financial outcomes. With this new partnership, Zenbase continues to expand its national footprint and broaden access to essential financial health tools for Canadian renters.
About Zenbase
Zenbase, a financial health solution, offers Canada’s only dual rent reporting and most popular split rent payments. Being an ESG inspired company, we are committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually a person’s single largest monthly expense, but it doesn’t build your credit. It’s also due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed these pain points to help level the playing field. Zenbase is available in over 250,000 homes across Canada. Learn more at myzenbase.com.
About Equiton Living
Equiton Living is a privately owned, full‑service property management company dedicated to creating exceptional rental experiences. They place residents at the centre of every decision, delivering attentive care, responsive support, and ongoing improvements that elevate day‑to‑day living. Through thoughtful renovations, upgraded amenities, and a service first approach, Equiton Living continually looks for ways to make each home feel better, easier, and more comfortable.
Their team of trained, experienced professionals brings deep expertise in real estate and building operations. Their mission is simple: to create well managed, welcoming environments that people love to call home. Learn more at www.equitonliving.com
Zenbase, Canada’s leading provider of resident-first financial health amenities, has partnered with Ferguslea Properties, the proud owner and operator of Accora Village, Canada’s largest privately owned rental community located in Ottawa, ON. Through this partnership, Zenbase’s financial health platform is now available to residents across Accora Village, providing immediate access to automated rent reporting and flexible rent payment solutions.
The partnership reflects Ferguslea Properties’ continued investment in resident well-being and innovation at scale. With Zenbase, Accora Village residents can take advantage of powerful financial tools designed to reduce monthly financial stress and support long-term financial stability:
“Accora Village is one of Canada’s most significant rental communities, and Ferguslea Properties has consistently demonstrated leadership in delivering resident-centric innovation,” said Koray Can Oztekin, CEO of Zenbase. “With Zenbase now available, residents can immediately benefit from tools that help them manage expenses more confidently while building credit every month through rent.”
“At Ferguslea Properties, our focus is on creating a community where residents feel supported both inside and outside their homes,” said Lee Galka, Director of Marketing and Business Development at Ferguslea Properties. “Making Zenbase available at Accora Village allows us to offer practical, meaningful financial tools that improve everyday affordability and help residents strengthen their financial futures.”
Zenbase integrates seamlessly with property operations and has demonstrated measurable improvements in resident satisfaction, on-time rent payments, and financial resilience.
About Zenbase
Zenbase, a financial health solution, offers Canada’s only dual rent reporting and most popular split rent payments. Being an ESG inspired company, we are committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually a person’s single largest monthly expense, but it doesn’t build your credit. It’s also due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed these pain points to help level the playing field. Zenbase is available in over 250,000 homes across Canada. Learn more at myzenbase.com.
About Ferguslea Properties
Ferguslea Properties is the proud owner and operator of Accora Village, Canada’s largest privately-owned rental community. Located in Ottawa’s west end, the thriving community is 100 acres of tree lined streets, ideal for families, millennials and downsizers interested in an active and healthy lifestyle. Accora Village features 10 high-rise buildings, nearly 1000 Townhomes, Garden Homes and Executive Garden Homes, and the Accora Centre, a fully-equipped health and wellness recreational facility. Accora Village is an ideal place to live, explore and call home. Learn more or book a tour at accoravillage.com.
Renters, on average, have credit scores about 40 points lower than homeowners, a gap that affects far more than borrowing power. Lower scores can limit access to loans, raise interest rates, increase insurance costs, influence job opportunities, and even make it harder to secure a rental. Part of the problem is that, even though rent is often the biggest bill renters pay each month, it generally hasn’t been counted toward their credit scores
Thankfully, with the rise of rent reporting services, renters can now have their payments reflected on credit files, helping close the gap with homeowners.
There are a handful of key reasons why renters have lower credit scores compared to homeowners:
In Canada, 56% of renters fall within the bottom 40% of earners. Lower income makes it harder to manage debt, keep balances low, and avoid missed payments, which are all key factors in credit scoring. With tighter budgets, renters may rely more on credit products with higher interest rates, which can put even more strain on their credit scores. This financial pressure creates a structural disadvantage compared to higher‑earning homeowners.
Many renters are earlier in their financial lives and have not had as much time to build a high income, save money, and build a long and healthy credit history. A big part of a good credit score is a higher average credit age, so shorter credit files will usually result in lower scores. Younger renters may also have lower credit scores because they may have fewer credit accounts, making their scores more vulnerable to small mistakes.
This is one reason younger people often have lower credit scores, which helps explain why renters’ scores tend to be lower than those of older, established homeowners.
A big reason renters’ credit scores tend to lag behind homeowners’ is that owning a home comes with a mortgage, which can really help boost credit over time. Mortgages are large, long-term loans, and making regular, on-time payments shows lenders that you’re responsible. They also add variety to your credit mix and build a long, positive credit history – two factors that can play a big role in your credit score.
On the other hand, renters make similar monthly payments, but those payments are not reported to the credit bureaus. As a result, renters miss out on one of the biggest opportunities to demonstrate responsible payment behaviour.
Rent reporting is a service that allows you to have your rent payments reported to the credit bureau(s). Generally, it’ll appear as a tradeline on your credit report, much like a loan or credit card. This allows renters to turn their largest monthly expense into positive credit history without taking on new debt.
Much like a mortgage, rent reporting strengthens your credit in the following ways:
This helps level the playing field for renters who want to build or strengthen their credit but don’t have access to traditional credit‑building tools.
Rent reporting services are available through several Canadian platforms, including Zenbase, which automates the entire process for renters. Zenbase comes with the following features:
With services like Zenbase, renters can build credit without taking on new debt, giving them a fair chance to strengthen their credit score.
This, in turn, can help renters level the playing field with homeowners. With better credit, renters can:
To make the most of a rent reporting service, consider these tips:
Until recently, rent didn’t help renters build credit the way mortgage payments help homeowners. But now, with rent reporting from platforms like Zenbase, your rent payments can help you build credit without borrowing money. It helps strengthen your financial profile, access loans and lower rates, and ensures the money you already spend each month contributes to your credit growth.
Approximately five million Canadian households rent their homes*; rental payments on credit reports could help millions showcase responsible payment behaviour, marking a major step forward in financial inclusion.
TransUnion and Zenbase today announced a partnership to expand the availability of rental payment information within the credit reporting ecosystem, giving renters a new way to strengthen their TransUnion credit reports and broaden access to greater financial opportunities. Rental payment information will now appear on TransUnion credit reports as a dedicated category – separate from traditional credit obligations – so that timely rent payments help improve credit files without being treated as debt. This will help Canadians showcase their responsible payment behaviour beyond traditional measures.
TransUnion has long championed financial inclusion by helping Canadians gain expanded access to credit – an important pathway to building wealth – and remains a strong proponent of reporting information that more fully reflects a consumer’s payment history. By ingesting rental payment data and treating this information as distinct from traditional credit obligations, these payments will help strengthen credit reports without being classified as debt.
Through its direct integration with property management systems, Zenbase enables property managers to activate rent reporting with no added processes or administrative overhead. This facilitates the delivery of v rental data to TransUnion, while allowing residents to be recognized for their rent payment history.
“At TransUnion, we believe every Canadian should have the opportunity to build and showcase their credit history,” said Juan Sebastian D’Achiardi, Regional President, TransUnion Canada. “By partnering with Zenbase, we’re integrating rental data that helps demonstrate financial reliability. This rental information is kept outside the core credit file and treated separately, giving lenders valuable insights to make more informed decisions, while helping renters showcase consistent payment behaviour and improve access to financial opportunities, adequately reflecting rent for what it is and not classifying it as a traditional credit obligation.”
“At Zenbase, our mission is to improve the financial health of renters by turning their largest monthly expense into an opportunity to build credit,” said Koray Can Oztekin, CEO of Zenbase. “Now with TransUnion accepting our rental data, we’re giving residents the recognition they deserve for their responsible payment history to build credit, unlock capital, and participate fully in the economy.”
About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, including Canada, where we’re the credit bureau of choice for the financial services ecosystem and most of Canada’s largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care.
Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.
For more information visit: www.transunion.ca
About Zenbase
Zenbase is a Canadian financial health platform delivering the country’s only automated rent reporting and flexible rent payment solution. Guided by ESG principles, Zenbase is committed to advancing economic inclusion by empowering renters to take control of their financial futures.
For most Canadians, rent is typically the largest monthly expense, yet it doesn’t contribute to building credit. Rent is also due on a fixed schedule, often misaligned with irregular pay cycles, unexpected expenses, and changing financial priorities. Zenbase addresses these challenges by turning rent into a tool for financial progress and flexibility.
Today, Zenbase is available in more than 200,000 homes across Canada, supporting a healthier and more inclusive financial ecosystem. Learn more at myzenbase.com.
* Statistics Canada. Household characteristics. 2021 Census of Population. November 15, 2023.
Wyse Meter Solutions, Canada’s leading submetering and billing provider, has partnered with financial health solutions expert Zenbase to make it easier for residents to report Wyse submetered utilities and rent payments directly to credit bureaus, thus strengthening credit profiles.
“Wyse has always believed that our submetering and billing services should add value to the lives of our clients and their residents,” said Peter R.J. Mills, Wyse CEO. “At its heart, this partnership is about ESG and social impact. By recognizing rent and utilities payments, we’re expanding access, reducing inequities, and giving more Canadians the opportunity to participate fully in the financial system.”
This partnership offers residents tangible financial advantages, including:
“For too long, everyday expenses like rent and utilities have gone unrecognized in credit building,” said Koray Can Oztekin, Zenbase Founder and CEO. “This partnership with Wyse gives residents a new way to benefit from their rent and utilities payments, turning everyday financial responsibilities into long-term financial opportunity.”
ABOUT WYSE METER SOLUTIONS
Founded in 2006, Wyse Meter Solutions entered the Canadian utility industry to offer a superior submetering experience to building developers, owners, managers, and residents. Since those early days, Wyse has become a leader in innovative solutions and programs with a bold goal of helping clients reduce greenhouse gas emissions by 7.5 billion grams of CO2 by 2025.
ABOUT ZENBASE
Zenbase, a proud Canadian company partnering with leading Canadian businesses, is a financial wellness platform dedicated to making life more affordable. By offering innovative products like rent and utility reporting, Zenbase empowers residents to improve their credit and achieve greater financial stability. Learn more at www.myzenbase.com.
The 2025 Canadian Multi-Residential Satisfaction Study, conducted by simplyDBS with insights from over 27,000 residents across the country, has uncovered a powerful truth: financial health amenities are no longer optional — they’re becoming essential for Canadian renters.
While traditional amenities like yoga or fitness classes may contribute to physical zen, today’s residents are just as focused on achieving financial zen. Renters are increasingly looking for tools that give them more control, flexibility, and opportunity when it comes to their financial health.
Splitting Rent Payments:
53% of renters have a preference to split rent into two payments during the month.
Building Credit with Rent:
76% of renters consider rent reporting to credit bureaus valuable in their housing journey.
These findings prove that renters aren’t just looking for a place to live — they’re looking for financial wellness tools that support long-term stability and success.
At Zenbase, we’ve built our mission around exactly that: empowering renters with tools that strengthen their financial health. Today, we’re proud to already serve over 150,000 homes across Canada, making these renter priorities a reality through:
Financial well-being is now a key driver of renter satisfaction and long-term retention. By offering financial health amenities, property managers can stay ahead of rising renter expectations, stand out in a competitive market, and advance their ESG objectives.
The data is clear: financial wellness tools aren’t just “perks.” They’re the new must-have amenities.
With Zenbase, property managers can deliver exactly what renters want — greater flexibility, stronger financial footing, and peace of mind.
Zenbase, Canada’s leading platform for flexible rent payments and credit-building, is proud to announce a new partnership with Zen Residential, a prominent multi-family real estate company operating across Alberta. This collaboration brings Zenbase’s CreditBuilder and CustomRent solutions to over 5,000 homes within Zen Residential’s growing portfolio, spanning Calgary, Edmonton, and surrounding communities.
Through this partnership, residents in Zen Residential communities now have access to financial tools designed to promote budgeting discipline and long-term credit growth:
“At Zenbase, our mission is to improve financial health through rent,” said Koray Can Oztekin, CEO and Founder of Zenbase. “By partnering with Zen Residential, we’re bringing our services to thousands of residents in Alberta, making rent work harder for them—both as a credit asset and as a tool for better financial planning to ensure on time rent payments.”
Zen Residential continues to expand its footprint in Alberta’s key markets, with a focus on high-quality, resident-centered communities. The integration of Zenbase into its portfolio reflects a shared commitment to financial empowerment and innovation in rental housing.
“Helping our residents achieve financial wellness is a key part of the value we strive to offer,” said AJ Slivinski, President of Zen Residential. “With Zenbase, we’re giving renters tools that align with their everyday financial needs—credit building, budgeting, and payment flexibility—while reinforcing our commitment to providing more than just a place to live.”
About Zenbase
Zenbase, a financial health solution, offers Canada’s only automated rent reporting and most popular split rent payments. Being an ESG inspired company, we are committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually a person’s single largest monthly expense but it doesn’t build your credit. It’s also due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed these pain points to help level the playing field. Zenbase is available in over 120,000 homes across Canada. Learn more at myzenbase.com.
About Zen Residential
Zen Residential is transforming property management in Alberta with a fresh, community-first approach. As a fully licensed, registered, and bonded Real Estate Brokerage, we specialize in Property and Asset Management, backed by over 30 years of experience.
Managing more than 5,000 residential units, we take pride in a personalized, hands-on strategy that supports each property’s long-term goals. Our senior team leads with strong values and a focus on quality care.
With 24/7 on-call maintenance, skilled trades, and proactive programs, Zen builds more than well-managed buildings—we build lasting communities. Learn more at zenrentals.ca.
Contacts
Zenbase Contact:
Philipp Postrehovsky: philipp@myzenbase.com
Zen Residential Contact:
Chris Hollinger: chrish@zenresidential.ca
Zenbase has been selected as one of the Proptech 30 by The Proptech Collective!
This recognition highlights 30 emerging companies among the proptech companies in Canada that are transforming every aspect of real estate and construction. We’re proud to be recognized for driving innovation in alternative financing and payments, and for championing financial empowerment for renters.
Thank you to our team, partners, and customers for helping us reach this milestone. The future of property technology is bright—and we’re just getting started.
See the complete list here!
Zenbase, a leading rent payment platform that helps Canadians build credit and improve their financial health, has announced a partnership with Wesgroup Properties, one of British Columbia’s fastest-growing real estate companies. The partnership brings Zenbase’s CreditBuilder and CustomRent services to Wesgroup’s rapidly expanding rental portfolio, which is nearing 1,500 homes across the Metro Vancouver area.
This partnership marks a significant step in enhancing the financial wellbeing of renters in one of Canada’s most competitive housing markets. Wesgroup residents will now have access to:
“At Zenbase, we believe that rent should work for renters and maximize their financial health,” said Koray Can Oztekin, CEO and Founder of Zenbase. “We’re thrilled to partner with Wesgroup to bring our financial wellness tools to thousands of residents and ensuring timely rent payments, leading to greater financial confidence. Together, we’re making rent more flexible and credit-building more accessible”
Wesgroup Properties continues to grow its rental housing portfolio, with nearly 1,500 rental homes built and another 2,000 under development. As a vertically integrated developer committed to building complete, connected communities, Wesgroup is aligning with Zenbase to add real value to the resident experience.
“Providing our residents with the tools to manage their financial health is a natural extension of our commitment to quality living,” said Sarah Liu, Wesgroup’s Senior Director, Residential Property Management. “As our rental communities expand, we are proud to offer innovations like Zenbase that promote greater financial inclusion and flexibility.”
About Zenbase
Zenbase, a financial health solution, offers Canada’s only automated rent reporting and most popular split rent payments. Being an ESG inspired company, we are committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually a person’s single largest monthly expense but it doesn’t build your credit. It’s also due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed these pain points to help level the playing field. Zenbase is available in over 120,000 homes across Canada. Learn more at myzenbase.com.
About Wesgroup Properties
What started as a local family business in British Columbia over 60 years ago has grown to become one of Western Canada’s largest, and most respected private real estate organizations. Wesgroup is proud to have built more than 7,000 homes and over 100 communities while managing over 3 million square feet of commercial property as well. All of this is possible because of the industry’s best in-house horsepower that Wesgroup maintains all under one roof. Learn more at wesgroup.ca.
Contacts
Zenbase Contact:
Philipp Postrehovsky
philipp@myzenbase.com
604-657-2775
Wesgroup Properties Contact:
Sarah Liu
sliu@wesgroup.ca
604-648-1800
Cogir Real Estate (Multi Residential Ontario division), a leading property management company, has partnered with Zenbase, a financial technology company specializing in rent payment solutions, to offer Ontario residents powerful tools to build credit and manage rent payments more flexibly. Through this partnership, Cogir residents will now have access to Zenbase’s CreditBuilder & RentHistory solution, which allows them to automatically report past and ongoing rent payments to Equifax, helping them establish and improve their credit reports. Additionally, residents can take advantage of CustomRent, an innovative budgeting tool that enables them to split rent payments, maximizing cash flow and reducing financial stress.
“Cogir is dedicated to enhancing the financial well-being of our residents, and this partnership with Zenbase aligns perfectly with that commitment,” said Yariv Sharon, Vice President of Operations, Cogir Real Estate. “By offering a seamless way to build credit and improve financial stability, we are empowering our residents with valuable tools that support their long-term financial success.”
Zenbase’s CreditBuilder & RentHistory solution provides residents with an opportunity to leverage their rent payments—often their largest recurring expense—as a means to build their credit history. Meanwhile, CustomRent gives tenants greater control over their finances by offering the flexibility to split rent into smaller, more manageable payments.
“We are thrilled to partner with Cogir to bring these impactful financial solutions to their residents,” said Koray Can Oztekin, CEO & Founder of Zenbase. “Our mission is to make rent more flexible and financially beneficial for everyone. With Cogir’s commitment to resident satisfaction and financial empowerment, we are confident this collaboration will make a significant difference in the lives of Ontario renters.”
This partnership reflects both companies’ commitment to providing innovative solutions that enhance the rental experience, improve financial wellness, and maximize operational efficiency.
About Zenbase
Zenbase, a leader in smart rent payments, is committed to economic inclusion that fosters financial empowerment for renters. Our solutions aid the financial wellness of renters while improving operational efficiency for property managers. Rent is usually due on the first of the month, but that doesn’t align with most people’s bi-monthly pay cycle. Zenbase fixed that misalignment by offering residents the option to split their rent into two monthly payments and provides other financial health tools including Canada’s only automated rent reporting to support building resident’s credit. For more information about Zenbase’s ESG inspired solutions visit myzenbase.com.
About Cogir Real Estate
At Cogir Real Estate, we are more than just property management, we are community builders. With a passion for excellence, innovation, and personalized service, we create inspiring spaces where people live, work, and thrive. From residential and commercial properties to senior living communities, our hands-on approach ensures quality, care, and strong relationships with residents, tenants, and partners. With a growing presence across Canada and the U.S., we remain committed to a people-focused approach, creativity, excellence, and a customer-first mindset.
