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Standby Deposits offers renters a cash-free alternative to rental security deposits and tools for building rental history.
Founded in New York in 2021, Standby Deposits connects landlords and tenants through a platform that replaces cash security deposits with rental credit assessment and rent transfer tools. It also provides rental history and credit score-building services. In April 2023, the company raised USD 5.3 million in seed funding from Brunnur Ventures and Stodir hf.
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