Singapore-based rental commerce platform Rently has secured a $12 million growth credit facility from January Capital, a technology investment firm headquartered in Singapore.
The financing will help Rently increase its rental transaction capacity and expand its flexible rent payment services across Singapore, Hong Kong and the United Arab Emirates (UAE), while supporting entry into additional markets. The credit facility will finance rental transactions, allowing the company to allocate equity capital towards product development, technology and expansion.
Founded in 2022 by Dominic Schacher, Tarik Stafford, Siebren Kamphorst and Emeric Martin, Rently operates a platform designed to give tenants greater control over rental payments.
In Singapore and Hong Kong, its services allow tenants to earn rewards on rent payments, defer payments and reduce upfront move-in costs. In the UAE, its Rent Now Pay Later offering enables tenants to pay rent monthly rather than through large upfront cheques, while landlords receive scheduled payments.
Rently reported more than $50 million in annualised rental transaction volume across its three operating markets, with more than 2,400 tenants using its platform. The company also reported HK$62.1 million (approximately $8 million) in rental transaction volume in Hong Kong following its launch there in July 2026.
The company previously raised $3 million in Pre-Series A funding. Its existing investors include Hustle Fund, 5I Ventures, Woh Hup, Orvel, Orange Bloom and Feedback Ventures.
Rently is also preparing for a Series A equity financing round to support further product development and geographic expansion from 2027.
