Rent 2 Own(Myanmar)

Rent 2 Own is Hire Purchase focused fintech company located in Mayanmar

Business Model:

Revenue: $0

Employees: 501-1,000

Detailed Rent 2 Own(Myanmar) Information

Geographic Data

Rent 2 Own(Myanmar) headquarters map

Address:

City: Yangon

State: Yangon

Zip:

Country: Myanmar

Financial Info

Stage:

debt financing

Raised Last:

$3M

Raised Total:

$13M

Metrics

6,845,646Website Global Rank

746Website Monthly Traffic

Twitter Followers

Description

Rent2Own is the first company in Myanmar offering a flexible rental service to help prospective buyers acquire asset . Providing tailored options to those in need of asset, but lacking the means to buy in one go. Their main focus is helping entrepreneurs, often farmers, to buy the asset they need to generate income and grow their business. Life is dynamic and ever changing and they help their clients adapt to new circumstances with their flexible contracts that include maintenance and insurance. The contracts can be adjusted anytime and early-terminated without penalty. Thinking about swapping your old motorcycle for a new one? Rent2Own offers the possibility to upgrade. In addition, the option to purchase the bike is available for the whole duration of the contract. After all payments are completed, the ownership of the bike is transferred to the client. They take pride in improving rural mobility. The impact of the availability of transportation can be hardly overstated. A motorcycle helps kids go to school and receive an education. It makes it possible for farmers to sell their products at more distant markets, where they might fetch a higher price. And for those who have found a job further away, a motorcycle allows them to commute.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2017 Venture Round $4M
4/2019 Debt Financing 1 $3M Incofin Investment Management
Incofin Investment Management
11/2018 Series A 3 $6M agRIF
Daiwa PI Partners
Deutsche Investitions- und Entwicklungsgesellschaft mbH
agRIF
Daiwa PI Partners
Deutsche Investitions- und Entwicklungsgesellschaft mbH
Announced Date Name Price

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