Rent, for most, is the single biggest payment people make in a month. According to Vancouverite Philipp Postrehovsky, it’s a $450 billion market, and some say it’s gone undisrupted for far too long. That’s why Postrehovsky co-founded RentMoola, an online global payment network, to improve the rent and condo fee payment process.
“If you give someone a tool that’s convenient, they will use it,” said Postrehovsky. “I’ve always been a believer in simplifying your life with online technology.” Many of RentMoola’s customers, including students, have rarely, if ever, used a cheque book. For this reason and more, Postrehovsky says banks are starting to sing to the FinTech tune and partner with these innovative companies to improve customer experiences like paying rent.
In this week’s #StartupPodcast with Rivers Corbett, Postrehovsky dives into Canada’s FinTech scene, reflects on how entrepreneurs are changing the future of banking, and discusses the impact mobile payments can have on the rent-by-cheque tradition.
The Startup Canada Podcast Show is a production of Startup Canada, a grassroots, entrepreneur-led movement to bring together, celebrate, and give a voice to Canada’s entrepreneurship community. On the podcast, award-winning entrepreneur host Rivers Corbett speaks with the movers and shakers of Canada’s entrepreneurship community to give a glimpse into the future of business, and share insights on everything from social innovation to the future of work, investing, and why we need to think bigger to take our businesses global. Join Rivers Corbett for new episodes every Tuesday airing at 10 AM ET for lessons, trends, and opportunities in entrepreneurship from Vancouver to Fredericton; and Israel to Peru.
You can find every episode of The Startup Canada Podcast Show at www.startupcan.ca/podcasts/.
