UnderwritingFintech
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Esusu, a renter credit‑building platform, now valued at $1.2 billion
words.Esusu, a fintech that reports rent payments to credit bureaus, raised $50 million in Series C, valuing it at $1.2 billion. Targeting the 110 million U.S. renters largely “credit‑invisible,” the platform has helped users unlock $30 billion in mortgage financing and now serves 12 million renters across 5 million units. With new capital, Esusu will expand its Rent‑Reporting‑as‑a‑Service API, launch Esusu Pay for installment rent payments, and deepen integration of rental data into mortgage underwriting, aligning with recent FHFA mandates.