Newswire Agents of Tech

Snappt and TenantCloud Partner on Fraud Prevention

Snappt, a platform for applicant trust in multifamily housing, announced a strategic partnership with TenantCloud, a property management software used by more than 30,000 landlords nationwide. Through this collaboration, Snappt’s fraud detection and verification suite will be fully embedded into the TenantCloud rental application workflow, giving landlords a new tool to screen applicants with greater confidence.

With this integration, TenantCloud landlords will have access to new income and employment verification services when listing a unit. For a cost per applicant, at the landlord’s discretion to absorb or pass on to renters, property owners can confirm income and employment with 99.8% accuracy, while also benefiting from Snappt’s fraud detection technology that prevents altered documents from slipping through.

“Snappt’s mission has always been to protect communities from fraud and reduce the costly burden of evictions,” said Kyle Nelson, vice president of corporate strategy at Snappt. “By embedding our best-in-class technology into TenantCloud, we’re making fraud prevention and verification accessible to smaller landlords and property managers who deserve the same protections as large multifamily operators.”

TenantCloud has a proven track record with independent landlords to oversee listings, collect rent, handle maintenance requests and screen tenants. By adding Snappt’s verification suite, the partnership brings enterprise-grade fraud prevention to an often-overlooked segment, and one that distinctly benefits from a more robust, all-in-one platform.

“We’re committed to simplifying property management for landlords and helping them build trusted relationships with tenants,” said Mark DeHaan, TenantCloud chief executive officer. “Partnering with Snappt equips our users with powerful income and employment verification capabilities, giving them peace of mind that applicants are both qualified and reliable.”