Affordable housing in many American cities has reached crisis levels. For those looking for officially government-certified affordable housing, the average time on the waiting list is two years, though in some U.S. metros that time can extend to a decade and beyond. And that is...
For most renters, coughing up a cash-based security deposit means parting ways with that money for the duration of the lease. Now, there’s a movement to replace cash deposits with insurance policies or electronic contracts. In this month’s Disbursements Tracker, Paraag Sarva, CEO of Rhino,...
Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. In the latest Disbursements Tracker, PYMNTS explores how banks and card providers are approaching payment innovations...
January 26, 2021
Rental security deposit insurance startup Rhino, based in New York City, has raised $95 million to help reach its goal of saving renters $500 million in 2021. “Putting renters first in our business has given us the opportunity to become renter advocates at a national level,” Paraag Sarva, CEO at Rhino, said in a press […]
