Skyline Living, one of Canada’s leading real estate providers, has announced a strategic partnership with Zenbase, a financial technology company focused on empowering renters, to offer automated rental reporting to Equifax and split rent payment options across their portfolio of over 20,000 suites. This collaboration aims to help tenants improve their financial well-being by enhancing their credit profiles and reducing financial stress.
As part of the partnership, Skyline Living tenants who opt in will benefit from Zenbase’s innovative rental reporting service, which reports both past and future rent payments directly to Equifax. Research has shown that rental payment history is an important factor in building and improving credit scores, with 94% of renters agreeing that reporting rent payments is essential to building their credit.
“This partnership is a significant step in offering our residents more than just a place to live,” said Andrea Rocheleau, Director of Business Operations for Skyline Living. “We are committed to supporting our tenants’ financial journeys, and the response from our residents has been overwhelmingly positive. They appreciate the opportunity to strengthen their credit scores through something as fundamental as paying rent on time. It’s a win-win.”
In addition to credit-building features, Zenbase’s split rent payment option will help alleviate the financial pressure felt by many renters. With 82% of renters reporting lower stress levels when they can split their rent payments, this feature provides greater flexibility and makes managing monthly expenses easier, particularly in the face of inflation. The ability to break down rent payments is seen by 80% of renters as a valuable tool in navigating rising costs of living.
“At Zenbase we are dedicated to offering the flexibility needed to manage the largest recurring expense for Canadian renters and provide options for their unique needs,” said Koray Can Oztekin, Founder and CEO of Zenbase. “Our partnership with Skyline Living reflects our shared commitment to offering residents flexible solutions that positively impact both their financial health and peace of mind.”
The Zenbase platform is already being embraced by residents at Skyline Living properties, with many expressing how these new tools have made managing rent payments and improving their credit easier and more accessible.
In a recent survey, 7 out of 10 renters said that landlords offering rent reporting through Zenbase shows a genuine commitment to supporting their tenants’ financial well-being.
Skyline Living’s partnership with Zenbase is just the latest initiative in the company’s ongoing efforts to enhance the rental experience and provide greater value for its residents. Through this collaboration, Skyline Living continues to set a new standard for tenant satisfaction and financial empowerment.
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 residents’ credit. For more information about Zenbase’s ESG inspired solutions, visit myzenbase.com.
About Skyline Living
As one of Canada’s most prominent apartment rental providers, Skyline Living exists to provide safe, clean, and comfortable places for its residents to call home.
Providing homes in dozens of communities across Canada, Skyline Living is an industry leader in customer service, environmental stewardship, and community giving. It works to create and maintain thriving, vibrant communities for its residents, employees, and the neighbourhoods in which they live and work.
To learn more about Skyline Living, or for rental inquiries, please visit SkylineLiving.ca.
Skyline Living is a part of Skyline Group of Companies.
In the ever-evolving landscape of Canada’s rental market, one thing is clear: renters are increasingly looking for ways to improve their financial futures. With a growing focus on credit building, more renters are discovering how rental payments can serve as a powerful tool for boosting their credit scores. Federal government furthermore is referring to rent reporting in the renter’s bill of rights as a necessary option to help residents build credit.
A recent survey shows that a staggering 94% of renters believe that reporting past and future rent payments is essential for building their credit. By doing so, renters can establish or improve their credit scores, making it easier to access better financial opportunities, such as lower interest rates on loans and credit cards.
Confidence in Finances
The impact of improving credit through rent payments is clear: 9 out of 10 renters feel more confident in their finances when actively improving their credit. This boost in financial confidence can have ripple effects throughout renters’ lives, from more secure financial planning to an overall reduction in financial anxiety. Rent reporting plays a crucial role in this transformation, offering renters an actionable and practical way to enhance their credit profiles.
On-Time Payments Matter
When renters know their payments are being reported, they’re more likely to stay on top of their rent. According to the survey, 70% of renters are more likely to prioritize on-time rent payments when they know their rent history will be reported to the credit bureaus. This commitment to on-time payments not only helps renters build credit but also fosters a sense of financial responsibility. In fact, 85% of renters say that paying rent on time has become more important to them since learning they can build credit through their rental payments.
Landlord Support Goes a Long Way
For renters, knowing their landlord is actively supporting their financial well-being is crucial. The survey shows that 7 out of 10 renters agree that landlords offering rent reporting as an option demonstrates a commitment to their financial health. This insight underscores how important it is for landlords to offer credit-building solutions that go beyond just housing – solutions that empower renters to improve their financial standing and future prospects.
Zenbase is proud to play a part in this shift towards more financially empowered renters. As more rental properties across Canada adopt rental reporting solutions, the path to financial stability and improved credit scores becomes more accessible for Canadians everywhere.
Renting in Canada has its challenges, particularly when it comes to managing rent payments amidst rising costs and unpredictable financial pressures. For many renters, financial stress has become a significant burden, affecting both their mental health and work productivity. However, innovative solutions like flexible rent payments, which offers the ability to split rent payments, are offering much-needed relief.
A recent survey revealed that 9 out of 10 renters report that financial stress negatively affects their mental or physical health. This is a concerning statistic that highlights the weight renters carry, particularly when rent is due at the beginning of each month. Flexible rent payments program offers a solution by allowing renters to split their monthly rent into smaller, more manageable payments.
Reducing Stress, Boosting Productivity
The survey found that more than 70% of renters said financial stress from rent payments negatively affects their focus and productivity at work. With this, renters no longer have to use their entire paycheck for one large payment. Instead, they can pay align their rent payments around their income dates, easing the burden around budgeting and freeing up mental space to focus on their work and other life priorities.
The benefits of split rent payments extend beyond just work productivity. According to the survey, 82% of renters experience lower stress levels at the beginning of the month thanks to the ability to split their rent payments. This simple yet effective solution helps renters better manage their finances and avoid the anxiety that often comes with lump-sum payments.
Alleviating the Effects of Inflation
With inflation continuing to rise, 80% of renters find that splitting their rent payments helps them manage the increased financial strain. Splitting rent allows renters to adjust their cash flow, ensuring they can still meet their rental obligations without sacrificing other essential expenses.
Demonstrating Care for Renters
Renters aren’t just looking for affordable housing; they want to feel supported by their landlords. The survey indicates that 7 out of 10 renters feel that flexible rent payment options like CustomRent show their property manager genuinely cares about their financial well-being. By offering this flexibility, landlords foster stronger relationships with tenants and help ensure that their residents stay financially stable.
Flexible rent payments are quickly becoming a preferred budgeting solution for renters across Canada. By making rent payments more manageable and reducing financial stress, it’s helping to improve not only the lives of renters but the quality of the landlord-tenant relationship as well.
Conclusion
From rental reporting to split rent payments, Zenbase is providing solutions that address the financial challenges faced by renters in Canada. By offering tools like CreditBuilder and CustomRent, Zenbase is empowering renters to take control of their finances, build their credit, and reduce the stress that comes with monthly rent payments. As Zenbase continues to expand across the country, more renters will benefit from these innovative programs, transforming their financial futures one rent payment at a time.
In an exciting development for the Canadian multifamily sector, a group of visionary leaders has united to revolutionize rent payments and enhance resident financial health. Our founding members represent some of the industry’s most respected organizations:
Last week, we held our inaugural meeting, focusing on rental reporting—a service that is still relatively new to Canada. Our discussion centered on how to deliver this service effectively to residents and maximize its positive impact on their financial well-being.
At Zenbase, we are proud to be the first provider of fully automated rental reporting, ensuring the highest level of data quality. Recently, we enhanced our offering to include up to 24 months of historical rent payments, allowing residents to build their credit even faster. Additionally, we are pleased to offer Canada’s first rental reporting API, which broadens the reach of our CreditBuilder solution to more Canadians.
We’re committed to keeping you informed about the outcomes of our future Partner Advisory Board meetings as we strive to empower renters financially. Together, we can create a brighter future for residents across Canada!
Zenbase, a leader in rental reporting innovation, is excited to announce the launch of Canada’s first rental reporting API. This groundbreaking technology is set to revolutionize how proptechs and fintechs integrate rental payment data into credit building solutions, giving consumers unprecedented opportunities to enhance their credit scores through their rental payments.
Zenbase’s new API streamlines the process of integrating rental reporting into existing platforms, making it easier for property technology and financial technology companies to offer their users credit-building tools that leverage their rental payment history. By simplifying the implementation of rental reporting and multiple layers of complexity, Zenbase is setting a new industry standard and paving the way for more inclusive credit building practices.
APOLLO Insurance, a trailblazer in digital insurance solutions, is proud to be the launch partner to integrate Zenbase’s rental reporting API into their offerings. This partnership marks a significant milestone in enhancing the financial ecosystem for renters across Canada.
“We are thrilled to launch Canada’s first rental reporting API and to partner with APOLLO Insurance,” said Koray Can Oztekin, Founder and CEO of Zenbase. “For more than 10 million Canadians who are credit unserved or underserved, our mission is to democratize access to credit-building and empower renters to leverage their most essential payment to build their credit. This API allows developers to fully white-label rental reporting and represents a major step forward in making rental reporting an industry norm.”
APOLLO Insurance’s Founder and CEO, Jeffrey McCann, also shared enthusiasm about the new partnership: “Integrating Zenbase’s API into our platform underscores our commitment to providing innovative solutions that meet the evolving needs of our customers. By including rental reporting in our services, we’re not only enhancing the value we offer but also helping renters build better financial futures through responsible credit management.”
Zenbase’s rental reporting API offers a robust and user-friendly solution for integrating rental payment data into credit-building processes. The API’s seamless implementation ensures that companies can quickly and efficiently provide their customers with the opportunity to strengthen their credit profiles based on their rental payment history.
For more information about Zenbase’s rental reporting API and how it can benefit your business, visit myzenbase.com/developers.
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 APOLLO Insurance
APOLLO Insurance (“Apollo Insurance Solutions Ltd. and its subsidiaries”) is Canada’s leading online insurance provider. Our proprietary platform allows insurance agents and their customers to purchase their policy immediately, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO leverages extensive data and sophisticated algorithms to quote, collect a payment, and issue policies without human intervention.Through traditional agents and embedded finance partnerships, APOLLO is redefining the distribution of insurance. For more information visit apollocover.com.
Greenwin Corp. (“Greenwin”), a leading Canadian multi-residential property management and development firm, today announced a partnership with Zenbase Inc. (“Zenbase”), a financial technology company offering rent payment solutions designed for financial health. Through this collaboration, Greenwin will provide Zenbase’s suite of products, CustomRent and CreditBuilder, to its residents in buildings across Ontario.
This partnership empowers Greenwin residents with greater financial flexibility and control. Zenbase’s signature products address key challenges faced by residents:
● CustomRent: Allows residents to align their rent payments with their income, ensuring on-time payments and increased budgeting flexibility.
● CreditBuilder: Enables residents to automatically build credit history simply by paying rent on time.
These features are particularly valuable in today’s economic climate, where Canadians grapple with inflation and household expenses that strain their budgets. Greenwin, committed to resident well-being, sees Zenbase as a key component of their Environmental, Social, and Governance (ESG) initiatives.
Greenwin’s residents can seamlessly sign up for Zenbase thanks to its deep integration with their property management systems. This eliminates administrative burdens for both residents and property managers.
The Greenwin-Zenbase partnership aligns with a crucial trend in the rental market: a growing emphasis on financial empowerment for renters. As highlighted by the Canadian federal government, rent reporting can significantly improve credit scores and unlock access to better financial products, particularly for newcomers and young professionals.
“Greenwin and Zenbase are leveling the playing field for a number of residents across their communities to improve their cashflow and build credit,” said Koray Can Oztekin, CEO and Founder of Zenbase. “This partnership sets the standard for managing the household budget and rental reporting, allowing us to propel our vision of financial inclusion for over 10 million credit invisible or thin-file Canadians.”
“We are very excited to offer Zenbase to our residents,” said Jessica Green, Director, Communications, Greenwin. “Rent is typically a person’s single largest monthly expense. It’s also due on the first of the month, which often doesn’t align with most people’s bi-monthly pay cycle. Through CustomRent and CreditBuilder, this collaboration eases some of that financial burden, ultimately benefiting the financial health and future of those who come home to a Greenwin property.”
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 Greenwin
Greenwin is one of Ontario’s largest privately-owned, full-service property management and development firms. Founded in 1948, Greenwin manages more than $3.3 billion in real estate assets spanning across major urban centres in Central Canada. This portfolio includes more than 1 million square feet of commercial space and nearly 22,000 residential units. Greenwin is committed to investing in people and places to create exceptional, inclusive rental communities – one building at a time. For more information, visit greenwin.ca
Zenbase, a leading financial technology company, is proud to announce its latest partnership with Fitzrovia, a preeminent rental development and asset management company focused on redefining the rental living experience across Canada. Together, they are introducing Canada’s leading rent payment system, designed to prioritize financial health and empower residents with groundbreaking features.
This collaboration sets a new standard for rent payments in Canada, emphasizing financial well-being through automated rent reporting to Equifax. Residents will now have the unique advantage of effortlessly building and improving their credit by simply paying their rent on time.
Residents also have the option to split their rent payments. This feature not only simplifies budgeting but also provides unparalleled flexibility for residents to manage their financial obligations in a way that suits their individual needs.
“We are thrilled to embark on this journey with Fitzrovia to redefine rent payments in Canada and create unique ESG value,” said Koray Can Oztekin, CEO and Founder at Zenbase. “Our combined efforts aim to revolutionize the renting experience by integrating financial health into everyday transactions, helping individuals build credit and manage their budgets more effectively.”
Automated rent reporting is poised to become a game-changer in the Canadian rental landscape, allowing residents to effortlessly bolster their credit profiles. This collaboration aims to make financial health a seamless and integral aspect of responsible rent payment practices.
“Our collaboration with Zenbase enables us to provide a leading rent payment solution to our valued residents. Exclusive partnerships and premium perks, such as this one, contribute to enhancing the resident experience within Fitzrovia communities,” said Adrian Rocca, CEO and Founder of Fitzrovia. “Through our joint efforts, we are introducing a valuable service designed to support the financial well-being of our residents.”
Zenbase is dedicated to empowering residents across Fitzrovia’s portfolio through its ESG motivated solutions. This partnership reflects a shared commitment to leveraging technology to elevate the financial health of individuals and communities.
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 about Zenbase’s ESG inspired solutions visit myzenbase.com.
About Fitzrovia
Fitzrovia is a vertically integrated developer and asset manager of purpose-built rental communities across the GTA. With approximately 8,500 units completed or under development, including Waverley, Parker, Elm & Ledbury, The Brixton and Liberty House, Fitzrovia is the largest purpose-built rental developer in Canada. Fitzrovia partners with public institutions, pension plans and high net worth investors who have an investment bias towards long-term cash flow generating assets. Fitzrovia places an intense focus on active lifestyle management and offering exceptional customer service to our valued residents. Fitzrovia’s customer-first approach means all design and construction decisions are deeply rooted in consumer insights to ensure our resident needs are not only met but exceeded. The future of rental living is here. Visit www.Fitzrovia.ca.
APOLLO Insurance, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, is pleased to announce that they now offer credit reporting services to their tens of thousands of customers, through a new partnership with Zenbase.
APOLLO’s digital platform launched in 2019, and began serving Canadian consumers with fully digital insurance products. Since then, APOLLO has partnered with property management companies, proptechs, insurance brokers, and other organizations to embed insurance products into their existing workflows. For property managers, the insurance purchase experience is embedded directly into the leasing workflow.
Zenbase offers Canada’s only automated rent reporting and most popular split rent payments, and has gained recognition for its innovative credit-building solutions, empowering individuals to enhance their financial well-being. Through its solution, Zenbase enables users to report their rental payments automatically to Equifax, allowing them to establish or strengthen their creditworthiness.
“APOLLO’s digital first and resident centric approach to insurance makes them an ideal partner for Zenbase,” said Koray Oztekin, Zenbase Founder and CEO. “As part of our mission to redesign rent payments for the financial health of unbanked or underbanked individuals, including newcomers, this partnership will make rental reporting available to more residents and create substantial ESG value for all stakeholders.”
APOLLO customers can access exclusive rates to use Zenbase to report current and past rent payments to Equifax, helping them build their credit. Building credit can help Canadians reduce interest payments and save money on financial products.
“A healthy credit score goes hand in hand with other aspects of a tenant’s risk management strategy, so offering Zenbase’s solution alongside their insurance makes sense for our customers,” said Jeff McCann, Founder and CEO of APOLLO. “We are excited to work with Zenbase to continue to add value to our customers with this tool.”
Visit https://myzenbase.com/apollo/ for more information.
About APOLLO Insurance
APOLLO Insurance (“Apollo Insurance Solutions Ltd. and its subsidiaries”) is Canada’s leading online insurance provider. Our proprietary platform allows insurance agents and their customers to purchase their policy immediately, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO leverages extensive data and sophisticated algorithms to quote, collect a payment, and issue policies without human intervention.
Through traditional agents and embedded finance partnerships, APOLLO is redefining the distribution of insurance. For more information visit https://apollocover.com/.
About Zenbase
Zenbase, a leader in rewarding and flexible 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 provide other financial health solutions such as rent reporting. For more information on how to get started with Zenbase or CreditBuilder, visit myzenbase.com.
Zenbase, a leading provider of smart rent payment solutions, has expanded its collaboration with Mainstreet Equity (TSX: MEQ), through the introduction of automated rent reporting to Equifax Canada. This strategic move aims to empower residents in building their credit profiles and underlines the commitment to the social component of Environmental, Social, and Governance (ESG) initiatives.
By offering automated rent reporting as an amanity, Zenbase enables Mainstreet Equity residents to proactively establish and improve their credit. This pioneering feature represents a significant step in enhancing financial inclusivity and empowering individuals to achieve their long-term financial goals.
“We are excited to strengthen our partnership with Mainstreet Equity and introduce automated rent reporting as an instrumental tool for their residents,” said Koray Can Oztekin, CEO and Founder at Zenbase. “This expanded partnership aligns with our commitment to fostering social progress and financial well-being within the communities we serve.”
The automated rent reporting functionality, seamlessly integrated into Zenbase’s existing suite of services, provides Mainstreet Equity residents with the opportunity to build a robust credit history based on their rental payments. This initiative not only enhances financial literacy among residents but also contributes to a more inclusive and sustainable society.
“We believe that financial empowerment is a crucial aspect of social responsibility,” commented Anthony Lam of Mainstreet Equity. “The collaboration with Zenbase signifies our joint dedication to supporting the financial well-being of our residents and fostering a more equitable society.”
Through this strengthened partnership and the introduction of automated rent reporting, Zenbase and Mainstreet Equity reaffirm their commitment to driving positive social impact and contributing to the ESG objectives of the real estate industry.
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 about Zenbase’s ESG inspired solutions visit myzenbase.com.
About Mainstreet
Mainstreet is publicly traded on the Toronto Stock Exchange (TSX: MEQ). As at Q4 2023, assets were valued at over CDN $3B. Since going public, Mainstreet has continued to grow its assets organically; its double-digit compounded annual growth continues today. Current holdings consist of over 17,000 apartments across western Canada (BC, AB, SK, MB). Along with this healthy balance sheet success, Mainstreet is a proud champion of affordable housing. Learn more: https://www.mainst.biz.
Zenbase, a leading financial technology company, is proud to announce its latest partnership with Strategic Group, a prominent real estate investment and management company based in Calgary. This collaboration marks another milestone in providing innovative financial solutions to more renters across Canada.
Zenbase’s smart rent payment platform now offers the country’s only automated rent reporting to Equifax, facilitating a seamless process for residents to build their credit history effortlessly. This pioneering feature not only simplifies the financial lives of residents but also empowers them to achieve their long-term financial goals more effectively.
Furthermore, in an effort to enhance the financial well-being of residents, Zenbase has the option for residents to split their rent, allowing for more convenient budget management. This unique feature enables residents to allocate their funds efficiently, ensuring a smoother and stress-free financial experience at the beginning of the month.
“We are excited to collaborate with Strategic Group to bring our ESG inspired solutions automated to more renters in Canada” stated Zenbase CEO and Founder Koray Can Oztekin. “With this partnership, we aim to empower residents by providing them with the tools they need to build strong financial foundations and achieve their aspirations.”
Tracey Steman, COO at Strategic Group added “The partnership between Zenbase and Strategic Group signifies a shared commitment to enhancing the financial landscape of residents, fostering greater financial stability and well-being within our communities that we serve. As a testament to our ongoing dedication to improving the quality of life for our residents, we are thrilled to announce our collaboration with Zenbase.”
Strategic Group was able to offer Zenbase’s automated rent reporting and flexible rent payments to all of its residents after just 1 day spent setting up the offering. The response from residents was positive and immediate.
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 about Zenbase’s ESG inspired solutions visit myzenbase.com.
About Strategic Group
Strategic Group owns, manages, and develops office, retail and residential properties. Our creative and unconventional approach is reflected in our mantra: Creating value others can’t by seeing what others don’t. While Strategic Group’s focus is real estate, we also own businesses in other industries including construction, oil field services, pet care, agriculture, technology corporate finance, self-storage and coworking. For more information visit strategicgroup.ca.
ICM Property Services, a leading property management company dedicated to enhancing the rental experience, is proud to announce its partnership with Zenbase, a fintech company specializing in ESG inspired financial tools for renters. This collaboration aims to empower renters by offering Canada’s only automated rent reporting to Equifax for building credit and a flexible rent payment option as a budgeting tool.
The partnership between ICM Property Services and Zenbase highlights the commitment to supporting residents to take control of their financial future. With an increasing number of people choosing to rent over homeownership, the need for financial empowerment within the rental market has never been greater.
Zenbase’s technology will enable ICM Property Services to offer automated rent reporting to Equifax giving tenants the opportunity to strengthen their credit profiles by simply paying rent on time. This service not only benefits renters looking to build credit but also helps property managers and landlords attract responsible tenants.
Additionally, the partnership will provide tenants with greater flexibility in their rent payments. Zenbase’s budgeting tools will allow renters to customize their payment schedules, making it easier to manage their finances and meet their financial goals.
“We are thrilled to partner with Zenbase to offer our tenants a range of new financial tools that can truly improve their lives,” said Lacy Samson, Associate, Director, Residential Property Management at ICM Property Services. “This collaboration underscores our commitment to enhancing the rental experience for our residents by empowering them to build their credit and manage their budgets more effectively.”
“We are excited to work with ICM Property Services to provide innovative financial solutions to renters,” said Koray Can Oztekin, CEO and Founder at Zenbase. “Our mission is to make financial freedom accessible to everyone, and this partnership is another step toward achieving that goal.”
ICM Property Services was able to offer Zenbase’s automated rent reporting and flexible rent payments to all of its residents after just 2 days spent setting up a fully integrated offering with no negative impact to their operations.
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 about Zenbase’s ESG inspired solutions visit myzenbase.com.
About ICM Property Services:
ICM Property Services Inc. provides exceptional service and value while managing a growing portfolio of residential, retail, and industrial properties in the Alberta market. As a boutique property management firm, our management and staff are always accessible and responsive. We work with the principles of honesty, integrity, and respect in all aspects of our business. We provide thoughtful, timely communications, adapt to new technologies and efficiencies and execute proactive leasing and maintenance plans to achieve our goals. For more information visit icmpropertyservices.ca.
