"Revolutionizing Tenant Screening: How This Startup is Changing the Game for Landlords"

Proptech startup Rent Butter aims to provide landlords with a more equitable way to screen potential tenants by offering an alternative to credit scores. The screening tool connects to an applicant's bank account to assess their financial stability based on alternative data such as rent payment history, credit behavior, and income/expense information. By providing more comprehensive insights, including credit score trends, the tool helps landlords make informed decisions and reduce risk, fraud, and turnover. Rent Butter recently raised $3 million in funding and currently serves properties with 120,000 residential units.