byebyerent GmbH, founded in Hamburg in 2021, provides a financial service for tenants in Germany as an alternative to the traditional cash rental deposit. The company offers a rental deposit guarantee (Mietkautionsbürgschaft), which is a form of surety insurance backed by its partner, R+V Allgemeine Versicherung AG. Instead of paying a large lump sum to the landlord, tenants pay a small annual fee to byebyerent, freeing up their cash for other moving-related expenses. The company is registered as a licensed insurance agent in Germany.

Founded in

Belgium