Case Study: Spotahome launches no-deposit, landlord-guaranteed rentals with Homeppl

Spotahome achieves 96% approval rate with Homeppl

Spotahome, a 100% online booking platform for medium-term rentals, needed to qualify tenants and offer a rent guarantee to its landlords across multiple European countries. This was a challenge because traditional insurers did not offer continental services, making a multi-country approach time-consuming and difficult. Spotahome also sought to launch new revenue streams by offering properties without deposits and to increase security for its online operations.

Homeppl provided the solution by enabling Spotahome to launch its Plus Plan, which offers landlords guaranteed payment and protection from financial risk. By embedding Homeppl's tenant referencing and guarantor services, Spotahome achieved a 96% approval rate and expanded the offering into 8 countries. This partnership allowed Spotahome to provide a unique, multi-country guarantee service, making rentals more accessible and secure for both tenants and landlords.

Spotahome