Boom entered the property management category through credit score reporting, an outgrowth of a law passed that allows tenants to record on-time rent payments to credit bureaus
The product rolls out July 31 and is designed to function as a 'responsible alternative to a credit card,' according to executives at Piñata, a rental industry fintech company
New product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for simpler tenant payment reporting
The 6-year-old property management firm scooped up the companies in a bid to boost digital payment workflows and aid tenants in credit building, according to an announcement this week
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