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InRento

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InRento, UAB
Company typePrivate
IndustryCrowdfunding platform
Founded2020; 5 years ago (2020)
FounderGustas Germanavičius
Headquarters
Vilnius
,
Lithuania
Area served
Europe
Key people
Gustas Germanavičius (CEO)
ServicesReal estate financing
Websiteinrento.com

InRento is a Lithuanian crowdfunding platform based in Vilnius, that focuses on buy-to-let financing. The platform enables individual investors to contribute to property financing by pooling their resources to support real estate projects in Lithuania, Poland, and Spain.[1][2][3]

History

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InRento was founded in 2020 by Gustas Germanavičius, a Lithuanian serial entrepreneur.[4][5] The platform's mission is to offer a transparent and efficient way for individuals to finance in real estate, thereby creating new opportunities for both investors and property developers.[6] Within two years, the company has funded projects worth more than €29m (£24.4m), and has attracted over 16,000 investors globally.[7]

As of January 2024, InRento has more than 2,500 investors and generates an average annual return of more than 11 percent.[8][9]

InRento is regulated by the Bank of Lithuania in accordance with Regulation (EU) 2020/1503 of the European Parliament and of the Council, which was enacted on 7 October 2020. This regulation pertains to European crowdfunding service providers for business and amends Regulation (EU) 2017/1129 and Directive (EU) 2019/1937.[10]

In 2021, InRento acquired the Estonian real estate platform BitOfProperty, which facilitated its entry into the Spanish market. This acquisition contributed to the company's expansion within the European real estate sector.[11][12] In March 2020, InRento merged with EvoEstate, a European real estate crowdfunding aggregator. This merger aimed to combine the resources and capabilities of both platforms, potentially increasing their market presence and offering a wider array of investment options in the real estate crowdfunding sector. This represents a significant development in InRento's operational strategy as it navigates the competitive landscape of real estate investment.[13][14][15][16][17]

Recognition

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  • InRento won the Best Investment Technology Award at the 2020 and 2024 European Fintech Awards.[18][19]
  • In 2024, InRento Shortlisted for Entrepreneur of the Year 2024- Gustas Germanavičius.[20]

References

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  1. ^ Allen, Patricia (25 March 2022). "Lithuanian startup InRento has merged with European real estate aggregator EvoEstate". EU-Startups. Retrieved 16 August 2024.
  2. ^ Fraser, W. D. (1984), "Rental value and property type", Principles of Property Investment and Pricing, London: Macmillan Education UK, pp. 209–233, ISBN 978-0-333-32122-5, retrieved 2025-05-11
  3. ^ Đorđević, Nikola (5 April 2021). "Made in Emerging Europe: Craft, Bidrento, InRento". Emerging Europe. Retrieved 11 November 2024.
  4. ^ Wong, Michael. "Lithuania: Crowdfunding platform InRento Attracts €15 Million in Investments". Retrieved 11 November 2024.
  5. ^ "InRento • P2Ptrh.cz". P2Ptrh.cz. Retrieved 2025-05-11.
  6. ^ Tucker, Charlotte (1 April 2021). "Lithuanian proptech startup InRento lands pre-seed funds to grow 'buy-to-let' crowdfunding platform". EU-Startups. Retrieved 11 November 2024.
  7. ^ Sharma-Karia, Sonia (5 May 2023). "Lithuanian property platform InRento exceeds €10m in investments". Alternative Credit Investor. Retrieved 16 August 2024.
  8. ^ Jacobs, Pleuni (30 January 2024). "InRento reaches milestone of 20 million euros". Investment Platforms. Retrieved 11 November 2024.
  9. ^ Neuwirth, Suzie (22 September 2023). "BTL crowdfunding platform InRento hits €15m funding milestone". Alternative Credit Investor. Retrieved 16 August 2024.
  10. ^ "InRento Review - Low Risk Real Estate Investments in the Baltics". Jean Galea. 24 April 2021. Retrieved 16 August 2024.
  11. ^ "Lithuanian Startup InRento Acquires Estonian Platform BitOfProperty and Expands to Spain". Startup Lithuania. Retrieved 2025-05-11.
  12. ^ Allen, Patricia (16 November 2021). "Lithuanian InRento acquires Estonian real estate platform BitOfProperty and expands to Spain". EU-Startups.
  13. ^ "„InRento" susijungė su didžiausiu Europos NT sandorių agregatoriumi „EvoEstate" - Verslo žinios". vz.lt (in Lithuanian). Retrieved 2025-05-11.
  14. ^ Cașotă, Florin (23 March 2022). "Lithuanian startup InRento merges with Europe's largest real estate aggregator EvoEstate". start-up.ro (in Romanian). Retrieved 11 November 2024.
  15. ^ "Lithuanian start-up InRento merges with Europe's largest real estate aggregator EvoEstate". www.lrytas.lt. Retrieved 11 November 2024.
  16. ^ Germanavicius, Gustas. "Crowdfunding In Europe: What Are The Reasons For Its Recent Traction, And Where Will It Lead?". Forbes. Retrieved 2025-05-11.
  17. ^ "Lithuanian start-up InRento merges with Europe's largest real estate aggregator EvoEstate". www.lrytas.lt (in Lithuanian). Retrieved 2025-05-11.
  18. ^ "Lithuanian platform InRento recognised as the best investment technology in Europe". Delfi EN (in Lithuanian). Retrieved 2025-05-11.
  19. ^ "2024 Winners". Europe Fintech Awards. Retrieved 2025-05-11.
  20. ^ "2024 Shortlist". Europe Fintech Awards. Retrieved 11 November 2024.
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