APOLLO Insurance, a Canadian digital insurance provider, has expanded its offerings by integrating credit reporting services into its platform, providing tens of thousands of customers with a comprehensive financial solution.
In collaboration with Zenbase, the partnership is set to allow customers of both firms to use their existing rent payments to seamlessly build their credit.
APOLLO customers now have exclusive access to Zenbase’s services, allowing them to report both current and past rent payments to Equifax. This innovative offering not only aligns with APOLLO’s commitment to a digital-first strategy but also addresses broader financial well-being.
Building credit through Zenbase’s solution can help Canadians reduce interest payments and save money on various financial products.
APOLLO Insurance, along with its subsidiaries, launched its digital platform in 2019, revolutionising the insurance sector by offering fully digital products to Canadian consumers.
The company’s forward-looking approach led to strategic partnerships with property management firms, proptech entities, insurance brokers, and various organizations. The integration of insurance products into existing workflows, especially within property leasing, has been a hallmark of APOLLO’s success.
“APOLLO’s digital first and resident centric approach to insurance makes them an ideal partner for Zenbase,” said Koray Oztekin, Zenbase Founder and CEO. “As part of our mission to redesign rent payments for the financial health of unbanked or underbanked individuals, including newcomers, this partnership will make rental reporting available to more residents and create substantial ESG value for all stakeholders.”
“A healthy credit score goes hand in hand with other aspects of a tenant’s risk management strategy, so offering Zenbase’s solution alongside their insurance makes sense for our customers,” said Jeff McCann, Founder and CEO of APOLLO. “We are excited to work with Zenbase to continue to add value to our customers with this tool.”
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