SINGAPORE--(BUSINESS WIRE)--Oct 27, 2026--
Rently, the platform that lets tenants choose how and when they pay rent, has secured a US$12 million growth credit facility from January Capital, a leading technology investment firm backing high-growth companies across Asia Pacific and beyond.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261026218806/en/
The growth credit lets Rently extend its rent flexibility offering across its existing markets, Singapore, Hong Kong and the UAE, and into new ones.
The big picture: one platform, three markets
Rent is the largest recurring expense for most households, reaching up to 43% of monthly household income in Rently’s markets1, yet it is still paid in rigid, upfront and unrewarding ways. Rently is now running at over USD 50 million in annualised rental volume. Year to date, volume is nearly three times the same period of 2025, with more than 2,400 tenants paying rent through Rently.
Zoom in: Singapore
Singapore rents remain near record levels, and private residential rents rose a further 0.7% in Q2 2026, according to the Urban Redevelopment Authority. 2 Signing a new lease typically means paying a security deposit of one month’s rent per year of the lease plus advance rent before moving in, a large upfront bill for the people who can least afford to tie up cash.
In the first nine months of 2026, tenants in Singapore paying rent through Rently represented SGD 36.3 million (USD 28.4 million) in rental transaction volume, 2.5 times the same period of 2025. Rently offers tenants three products:
Rently has integrated Singpass, Singapore’s national digital identity, so tenants can verify their identity and apply in minutes, and partners with co-living spaces, large landlords and real estate agencies.
Emeric Martin, Co-founder of Rently, said: “Singapore tenants have told us what they want: rent that rewards them, and the freedom to decide when their money leaves their account. Earn Rewards on Rent has become our fastest-growing product, and this facility lets us bring more flexibility to every tenant and every partner we work with.”
Jason Edwards, Partner, Growth Credit, January Capital, added: “Rently addresses a real financing constraint for tenants across different rental markets. This investment underscores January Capital's commitment to supporting fast-growing companies in the Asia-Pacific region with flexible, nondilutive credit solutions and we are pleased to partner with Rently through this next phase of growth.”
Shiv Mahajan, CEO of Rently, commented: “Rent is the biggest payment most people make, and still the least flexible. This capital lets us say yes to more tenants, faster, across the UAE, Singapore and Hong Kong, while our equity stays focused on building new products and expanding into new markets.”
The facility strengthens Rently’s capital stack as it gears up for its Series A, to double down on its core offerings and open new markets in 2027. Rently previously raised US$3 million in Pre-Series A funding.
About Rently
Rently is a rental commerce platform that lets tenants choose how and when they pay rent. Headquartered in Singapore and operating in Singapore, Hong Kong and the UAE, Rently lets tenants earn rewards on rent, delay rent payments and lower their move-in costs in Singapore and Hong Kong and pay rent monthly instead of by upfront cheques in the UAE, while landlords receive structured, timely payouts. Rently uses AI across its operations to scale efficiently. Founded by Tarik Stafford, Dominic Schacher, Siebren Khamphorst and Emeric Martin, Rently is backed by Hustle Fund, 5I Ventures, Woh Hup, Orvel, Orange Bloom and Feedback Ventures, and by a US$12 million growth credit facility from January Capital.
Visit rently.sg for more details.
About January Capital
January Capital is a multi-strategy investment firm headquartered in Singapore, focused on technology-enabled companies across the Asia-Pacific region. The firm serves as a capital solutions provider through its two core strategies: early-stage venture equity and growth-stage credit. Learn more at www.january.capital
Sources
1 Urban Land Institute, Home Attainability Index 2025: https://knowledge.uli.org/-/media/files/research-reports/2025/uli-hai-report-2025_finalised_9-july.pdf
2 URA, Release of 2nd Quarter 2026 real estate statistics: ura.gov.sg/news/media/pr26-57
* Source: AETOSWire
Rently SG (Photo: AETOSWire)
Israelis were voting Tuesday in a tense national election widely seen as a referendum on Prime Minister Benjamin Netanyahu's leadership since the Hamas-led Oct. 7, 2023, attack on Israel and the wars that have since shaken the Middle East.
Israelis vote for parties, which then form alliances to create a majority coalition. No single party has ever won a 61-seat majority in the 120-member parliament, or Knesset.
Opinion polls suggest a tight race, with no clear winner expected, setting the stage for weeks or even months of negotiations among around a dozen parties expected to win seats in the Knesset.
Here is the latest:
As polls were starting to open on Tuesday, thousands of volunteer Israeli election observers were in place at polling stations across the country to monitor the election.
Eyal Sher said he volunteered this year with a civil society group called Elections Guards because he wanted to play a role in such a critical vote.
“We have a corrupt government that will do anything to stay in power," he said. "Every vote counts and we want to make sure the procedures are kept intact.”
Netanyahu has been Israel’s most dominant politician for nearly two decades, and a poor showing could end the 77-year-old’s lengthy career on a bitter note and open the door to a new era in Israeli politics.
A victory would cement his image as the ultimate political survivor. Earlier this month, U.S. President Donald Trump backed Netanyahu's reelection, but the late endorsement still marked a setback for the Likud politician who had billed his tight ties to the Republican president as a selling point for staying in power.
Netanyahu has been a master at forming coalitions with religious and nationalist partners. But opinion polls now suggest a tight race between his bloc and the one led by his chief rival, former military chief Gadi Eisenkot, which says Netanyahu should be held accountable for Oct. 7 and the failure to turn battlefield victories into diplomatic achievements.
The deadliest day in Israel’s history has featured prominently in the campaign, but there has been almost no debate over Israel’s wartime conduct in Gaza, which led to an international arrest warrant against Netanyahu.
Israel's occupation of much of southern Lebanon and parts of Syria, as well as its two wars launched against Iran, also has broad support among Israelis.
The candidates have instead focused on Netanyahu’s role in the security breakdown on Oct. 7; his efforts to exempt ultra-Orthodox Jews from military service and a 2023 judicial overhaul seen by critics as an assault on Israel’s democratic institutions.
Voters arrive at a polling station beside Likud campaign posters depicting Benjamin Netanyahu and Donald Trump and a Democrats banner featuring Yair Golan during Israel's general election in Tel Aviv, Israel, Tuesday, Oct. 27, 2026. (AP Photo/David Goldman)
Voters cast their ballots at a polling station during Israel's general election in Jerusalem Tuesday, Oct. 27, 2026. (AP Photo/Ohad Zwigenberg)
Voters line up to cast their ballots at a polling station during Israel's general election in Jerusalem on Tuesday, Oct. 27, 2026. (AP Photo/Ohad Zwigenberg)
Israeli settlers line up to vote at a school serving as a polling station during Israel's general election in the settlement of Kiryat Arba, in the occupied West Bank, Tuesday, Oct. 27, 2026. (AP Photo/Leo Correa)
A pigeon flies past a Likud Party campaign billboard featuring U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, with a Hebrew message reading, "We have one opportunity to win," in Tel Aviv, Israel, Monday, Oct. 26, 2026. (AP Photo/Oded Balilty)
People walk past a Likud party campaign billboard featuring Israeli Prime Minister Benjamin Netanyahu alongside opposition party leaders and bearing the Hebrew slogan "Right or Palestine," ahead of Israel's general election, in Beni Brak, Israel, Sunday, Oct. 25, 2026. (AP Photo/Oded Balilty)
A screen projects an image of Israeli Prime Minister Benjamin Netanyahu, left, and his main rival, opposition candidate Gadi Eisenkot, leader of the Yashar ("Straight") party, during a campaign rally for Eisenkot ahead of Israel's general election, Sunday, Oct. 25, 2026, in Tel Aviv, Israel. (AP Photo/David Goldman)
People walk past a Likud Party campaign billboard featuring U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, with a Hebrew message reading, "We have one opportunity to win," in Tel Aviv, Israel, Monday, Oct. 26, 2026. (AP Photo/Oded Balilty)
