Property Managers can now rest easy as economic winds change.

Rhino is a PropTech pioneer created in the Rent Security Deposit arena providing Property Managers a full platform covering renter’s insurance, cash security deposits and guarantor coverage.

Merged with Jetty in 2024, creating the largest security deposit platform in the U.S. rental housing market, serving more than 6 million rental units and providing a solution to the growing challenge of upfront housing expenses facing American renters.

Problem

Some tenants struggle to meet their bills when they lose their job.

Job loss:

Tenants losing their job and causing unplanned churn for Property Manager

Financial distress:

Tenants taking action to mitigate loss of income

Solution

Rhino embeds MiIncome within its “Move-In’s” renter engagement process giving access to 3 months of rental cover to tenants if they lose their job. Property Manager fully embed MiIincome into the rental costs allowing 1, 2 or 3 months of cover should a tenant lose their job.

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Implementation

MiIncome APIs integrated in to Rhino platforms and MIC completing all policy and claims processing within fixed SLA’s to fully service tenants should they lose their job and instant payments to cover rent

Results

Tenants signing up at over 100 per day creating revenue for Rhino

Peace of mind for property managers and more stable tenants and revenue

Tenants able to pay their rent and focus on renewing their job

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MIC provides insurance that safeguards bank customers if they lose their job.

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