Overview
- The round values the New York–based fintech at $1.2 billion, led by Westbound Equity Partners, and brings total funding to more than $200 million.
- Esusu will expand distribution of its Rent Reporting as a Service API to more banks, credit unions and fintechs.
- The company plans to launch Esusu Pay in 2026 to let tenants split monthly rent into two payments.
- Esusu is developing identity products following its acquisition of Celeri as FHFA’s rental-data policy formalizes the need for verified information in underwriting.
- The platform covers over 5 million units and about 12 million renters, integrates with Zillow and partners with Fannie Mae and Freddie Mac; company-reported impacts include $30 billion in mortgages unlocked and an average 45-point credit-score lift.