RentMoola Signs Agency Agreement with TriView Capital to Raise $5M


VANCOUVER, British Columbia and CALGARY, Alberta, July 31, 2017 (GLOBE NEWSWIRE) -- RentMoola has signed an agency agreement with TriView Capital to lead a $5 million raise. Capital inflows will help further support continued North American growth and accelerate the execution of several key strategic partnerships that will launch in Q1 2018.

"Our team and board look forward to working with Craig Burrows and his team at TriView Capital on this financing as RentMoola continues to execute our growth and revenue strategy. TriView Capital was an early stage investor in our business and I am pleased to be working with TriView Capital on this follow-on financing as our business grows and matures," said Patrick Postrehovsky, CEO RentMoola.
 
Craig Burrows, TriView CEO added, “The company continues to perfect their modelling and have started to execute their plan to grow their user base. With funding in place, RentMoola is in a position to dramatically grow their business and improve the overall valuation of the company significantly.”

To date RentMoola has raised $10M and eliminated rent checks in more than 400 North American cities.

About RentMoola

RentMoola, one of North America's leading fintech companies, is changing the landscape of paying rent all over the world. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is 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. Members have access to our MoolaPerks™ program that provides exclusive deals to travel, lifestyle, home services and other rewards redeemable across North America, UK and Europe.

PAYING RENT IS REWARDING™

About TriView Capital

TriView Capital is a registered EMD across Western Canada and Ontario that specializes in private and alternative investments. Focused primarily in the real estate sector and yield products, TriView offers investors unique opportunities not offered in the public markets.

YOUR PRIVATE EQUITY SPECIALIST


            

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