Apollo and LetUs by RentMoola Partner to Offer Access to Integrated Digital Insurance

Vancouver, BC (Aug. 17, 2021) – Apollo Insurance, Canada’s leading online insurance provider, has partnered with LetUs by RentMoola to offer access to immediate digital insurance products that are specifically tailored to the thousands of tenants and landlords who visit their website each month.

Launched in 2019, Apollo Insurance now offers the largest selection of online insurance in Canada, through brokers and embedded partnerships like this one. Through Apollo, consumers can get a quote and purchase insurance in five minutes, from any device, 24/7. LetUs by RentMoola launched in 2013. Their goal has been to empower their customers to take control of their finances through value-add services that benefit both landlords and tenants.

“LetUs provides a phenomenal service to Canadians when it comes to a comprehensive payment platform for renters,” said Apollo Vice President of Partnerships Josh Pillsbury. “Apollo is able to provide an immediate digital solution that not only improves the resident experience, but also provides a simple solution for landlords to keep their tenants in compliance. Apollo’s platform gives users an embedded insurance product, while providing tenants with a personalized insurance policy to fit their needs at competitive rates.”

Founded in 2013, RentMoola is a multi-award winning platform and one of the fastest growing FinTech companies in North America. In 2019, the new LetUs platform was launched. It is a disruptive cloud payment platform that empowers customers to take control of their finances through a simple, integrated and secure solution that is powered by a world-class Ecosystem.

LetUs By RentMoola builds a cohesive community between landlord and tenants and brings eCommerce flexibility, convenience, and inclusivity to the rental industry. The company is disrupting the space by providing access to liquidity with its “Rent Now, Pay Later” solution that opens up Pay in 4 and 0% interest personal line of credit. LetUs By RentMoola also created anytime, anywhere, any mobile device rent payment solution with TXT2PAY.

“At LetUs, our goal is to simplify the renter’s journey, making every step from application, screening, insurance, payments, financing to communication very convenient by partnering with best in breed solutions.” shares Karthik Manimozhi, CEO of LetUs by RentMoola. “With Apollo’s cutting edge AI-driven Insurance, we are able to offer a powerful yet simple solution at checkout for our customers.”

Apollo’s proprietary technology platform, the Apollo Exchange, transacts insurance business in real time, and leverages extensive data and sophisticated algorithms to quote, collect payment, create and deliver policies. Through Apollo, thousands of small businesses and individuals are able to buy online without human intervention.

About Apollo Exchange

Apollo Insurance Solutions Ltd. (TSXV: APLO Reserved) is Canada’s leading online insurance provider. Our proprietary platform, the Apollo Exchange, allows insurance agents and their customers to purchase their policy immediately, from anywhere, on any device, 24/7.

Unlike traditional paper-based processes, Apollo leverages extensive data and sophisticated algorithms to quote, collect payment, and issue policies for thousands of types of small business and individuals without human intervention.

Through traditional agents and embedded finance partnerships, Apollo is redefining the distribution of insurance.

For more information, visit apollocover.com.

About LetUs By RentMoola

LetUs by RentMoola is an award-winning, disruptive cloud payment platform that empowers customers to take control of their finances through a simple, integrated and secure solution that is powered by a world-class ecosystem.

LetUs By RentMoola builds a cohesive community between landlord and tenants and brings eCommerce flexibility, convenience, and inclusivity to the rental industry. The company is disrupting the space by providing access to liquidity with its “Rent Now, Pay Later” offering Pay in 4 and 0% interest personal line of credit. The company also created the most inclusive way to pay and collect rent with its TXT2PAY solution. For more information, visit https://let.us/.

Source: Apollo Insurance Solutions Ltd.

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