Company Information

Get to know RentCrowdy

RentCrowdy was a financial technology ("proptech") company that aimed to democratize real estate investment in Nigeria. The platform enabled individuals to pool their funds (crowdfund) to collectively purchase and own rental properties, thereby lowering the barrier to entry for real estate investment. Sponsors (investors) would earn returns from the rental income generated by the properties they co-owned. The company ceased operations, and its website now confirms that the platform is permanently closed, with a notice stating that all sponsors' capital has been successfully returned.

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Financial FundraisingPRIMARY
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RentCrowdy

Nigeria

Founded in

01 Jan 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.