RentenPe, the creator of India’s first Rent Credit Score™, has partnered with Mygate to let tenants pay rent through the app using various payment options while building a digital financial profile with RentenPe’s R Score™. The partnership embeds RentenPe’s technology into Mygate’s platform, which is used by more than 4 million households across 25,000 residential societies. With this move, RentenPe aims to formalize rent payments and bring underserved renters into the formal credit ecosystem. The joint offering is expected to streamline rent transactions, improve tenant-landlord transparency, and unlock access to credit for millions.
“This partnership bridges a critical gap in the residential rental ecosystem,” said Sarika Shetty, Co-founder and CEO of RentenPe. She added, “By combining Mygate’s vast community network with RentenPe’s fintech capabilities, we are not just simplifying rent payments—we are building a financial identity for renters. Our Rent Credit Score (R Score™) turns rent into an asset that can improve creditworthiness and unlock future opportunities like loans, zero deposit renting, and even homeownership. This is the future of renting in India and will transform the rental experience for both landlords and tenants.”
“At Mygate, we believe in enhancing the everyday lives of our users,” said Rohit Jindal, Chief Business Officer at Mygate. He added, “RentenPe’s technology helps us offer smarter rent payment solutions—whether it's paying rent on a credit card, building a credit profile, or simplifying the landlord-tenant relationship. Together, we’re solving a real-world problem at scale.”
As Mygate continues to evolve from a community management tool to a holistic household services platform, this partnership with RentenPe represents a significant leap toward financial empowerment for renters.
