# Rently Gets $12M Credit for Global Expansion

> Rently secures $12 million growth credit to expand rent payment platform across Hong Kong, Singapore, UAE and new markets.
- Title: Rently Gets $12M Credit for Global Expansion · Pulse 2.0
- Summary: Rently secures $12 million growth credit to expand rent payment platform across Hong Kong, Singapore, UAE and new markets. Rently secured $12 million from…
- Keywords: rently, january capital, growth credit facility, hong kong, singapore, uae, rent payment platform, series a fundraising, startups, business, Gets, 12M
- Source: Pulse 2.0 — https://pulse2.com/rently-secures-12-million-growth-credit-facility-from-january-capital
- Author: Amit Chowdhry
- Published: 2026-10-27T19:22:43+00:00
- Read time: 1 min
- Topics: rently, january capital, growth credit facility, hong kong, singapore, uae, rent payment platform, series a fundraising, startups, business
## Rently Secures $12M Credit
Rently has secured a $12 million growth credit facility from January Capital to expand its rent payment platform across Hong Kong, Singapore, the United Arab Emirates, and additional markets.
## Facility Scales With Transactions
The facility is designed to scale alongside transaction volumes, allowing Rently to use credit capital for rent flexibility products while preserving equity for product development, technology, and geographic expansion.
## Hong Kong Performance
In Hong Kong, where Rently launched in July 2026, tenants using the platform generated HKD 62.1 million, or approximately $8 million, of rental transaction volume during its first quarter.
## Rently's Expansion Plans
Rently is also developing partnerships with co-living operators to broaden its reach in the Hong Kong market and plans to enter additional markets in 2027.
## Key takeaway

Rently secured $12 million from January Capital to scale rent payment flexibility in Hong Kong, Singapore, UAE and additional markets while preserving equity for product development.