A new payment platform has been introduced, specializing in rentals in Europe. The platform, called Silk Pay, aims to improve the financial relationship between tenants and owners by digitizing and speeding up transactions. Silk Pay’s main benefit is its ability to automate and simplify income collection. It does this by integrating with real estate management systems and providing a secure and easy payment experience.
As an added benefit, the platform offers a loyalty program that allows tenants to save money on their rental payments by accumulating points. These points can be exchanged for rewards, making the program more attractive to users.
The platform is designed to make rental payments easier and more efficient. It has several key features, including simple integration with real estate software, automated monthly payments, and real-time monitoring of transactions. It also provides automatic notifications to minimize delays and ensure maximum security for each operation.
Some of the key features of the platform include:
* Simple integration with real estate software to reduce administrative tasks and errors
* Automated monthly payment management to provide visibility and control for owners and tenants
* Real-time monitoring of payments to promote transparency and communication
* Automatic notifications to minimize delays and improve punctuality
* Maximum security to protect each operation
The loyalty program is an integral part of the platform. It allows tenants to earn points for each transaction, which can be used to reduce future rental payments or make purchases with partner brands. Some of the partner brands include Miravia, Justeat, Nike, Adidas, Iberia, and Sephora.
The company behind the platform, Silk, was founded in December 2023 in Madrid. It has already shown significant growth and expansion, with an investment round of 770,000 euros and over 40,000 active tenants. The platform has processed more than 400,000 euros in rent payments in its first few months of operation. Silk plans to continue expanding its presence in Spain and other European cities, promoting digitalization in the rental market. It is also working on launching a bank card to further optimize rental payments.
Some of the key achievements and plans of Silk include:
* An investment round of 770,000 euros from backers such as Socimi Ktesios, Grupo Link, and Grupo Hive
* Over 40,000 active tenants and more than 400,000 euros in rent payments processed
* Plans to strengthen its presence in Spain and expand to other European cities
* Launch of a bank card to optimize rental payments and promote digitalization in the rental market.