RNT 5.26% 1.8¢ rent.com.au limited

Yea they have an all in integrated payments platform, for...

  1. 40 Posts.
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    Yea they have an all in integrated payments platform, for tradies, agents, renters and landlords with a market place for rental and tradies.So its a DIY rental and maintence service with payments and payment tracking with vertical payment onboarding, they want to be the middleman for 19.95 a month, with outside sources of income like payments for advertising and maintenance. The transaction fee seems extremely high from what i can gather, 1.25%+.27cents per transaction. Which is a lot considering the average rental of $400 Australia wide, they look like they have about 20ppl on the team, so even with 10,000 applicants its 4million a year, it is almost more profitable to invest in the payment platform they use, ezypay if anyone is interested, private could be a bye out in the future for another payments listed company, but i got a feeling their a leap frog company people use to jump start their start ups before moving to someone else.
 
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