South Africa is a country characterised by income inequality. Rentoza provides a solution to this problem by leveraging the sharing economy in an efficient, safe and cost effective manner, by allowing individuals and business to list their lazy assets on Rentoza.
Customers are able to seamlessly access these products via a low cost rental model which is augmented with a robust screening process and backed by insurance under written by Old Mutual Insure.
Rentoza enhances the financial freedom of its community and unlocks the opportunity for members of the community to live life on their own terms.
We are in closed alpha and have 150 assets listed on the platform in the form of baby goods, electronics and sports equipment. We have successfully executed 32 transactions, some of which were repeat rentals of the same asset. We are proud to say that consumers have been able to access premium goods at an average cost of 10% of the market value of the asset.
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