Safely Finance
Safely Finance, formerly known as Hipodium Inc. and Safely Deposit, is a fintech company based in Mountain View, CA, offering a pay-over-time solution for moving and renting to ease financial barriers for renters and improve financial metrics for properties.
Company History
Safely Finance, initially known as Hipodium Inc., formally changed its name after launching in 2019. The company, also previously referred to as Safely Deposit, is based in Mountain View, CA, USA. Safely Finance was part of the Y Combinator S19 batch, providing it with essential support and resources during its early stages. The company’s goal is to eliminate price barriers for renters and enhance financial performance for property owners.
Services
Safely Finance offers a pay-over-time solution for moving and renting, aiming to make leasing more accessible for renters by removing price as a barrier. Their services are designed to increase the net operating income (NOI) for property owners while also reducing bad debt. They provide easy-to-integrate options through widgets, APIs, or property management solutions, catering to various needs within the residential rental market.
Location and Team
Safely Finance is located in Mountain View, CA, USA. Despite being a small team consisting of just 2 members, the company operates with a regional focus that includes the United States of America and America / Canada. Additionally, Safely Finance provides remote and partly remote services, ensuring flexibility for their operations within these regions.
Industry and Sub-Industry
Safely Finance operates within the Consumer industry, with a specific focus on the Home and Personal sectors. The company is also categorized under Fintech and SaaS, reflecting its emphasis on financial technology and software solutions for real estate and rental markets. The services offered are tailored to make rental transactions more efficient and financially manageable for both renters and property managers.
Y Combinator Batch
Being part of the Y Combinator S19 batch provided Safely Finance with a significant boost during its formative years. This inclusion allowed the company to gain access to mentorship, funding opportunities, and a network of investors and entrepreneurs, which has been crucial in developing and refining their business model and service offerings.