Movebubble, a rental app for those living in the UK, has announced that it has received a new investment from Quintain, a build-to-rent platform, which holds a 10 percent share in the proptech business.
Movebubble’s products include a service where someone attends viewings on behalf of prospective tenants, and the Movebubble Negotiator App which delivers to agents viewing requests from new applicants, alerts negotiators to offers and processes payments in real time.
The deal marks the first institutional funding for Movebubble, which launched in 2014; both it and Quintain say they believe this investment “will result in a real improvement in the leasing experience and will continue to drive awareness of the build-to-rent sector amongst UK renters.”
Aidan Rushby, chief executive of Movebubble, says: “We are extremely excited to have partnered with Quintain to accelerate our growth. Investment from such a well-respected developer and build-to-rent operator validates all the hard work we have put in, as well as our vision for the company and how we’re looking to change the sector."
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