Tagged: rent recognition challenge

August 15, 2018 @ 8:05 am By JD Alois  |  

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More

December 8, 2017 @ 8:33 am By JD Alois  |  

HM Treasury has launched a Fintech competition to use rental payment data to improve credit scores and mortgage applications for the 11 million renters in the UK. HM Treasury is offering £2 million to entrepreneurs who can develop an application that will enable Britain’s renters… Read More