RentMoola Announces Exclusive Partnership With North American Submetering Leaders, Conservice and Wyse

TORONTO & LOGAN, UT, March 16, 2016 /CNW/ - RentMoola, North America's leading online rent payment platform, has formed an exclusive Rent Payment Rewards partnership with US-based Conservice, LLC. (Conservice) and Canada's Wyse Meter Solutions Inc. (Wyse), two utility management and submetering companies with the widest reach in apartment and condo units in North America.

(Logo : http://photos.prnewswire.com/prnh/20160314/343763LOGO)

"This is a unique opportunity for nearly 2.5 million units to learn about making rewarding rent payments while paying their utilities," said Patrick Postrehovsky, Co-Founder and CEO of RentMoola. "Conservice and Wyse are industry leaders in meeting individual tenant and property management needs, which is what RentMoola is all about. The pairing of the three companies is ideal and we could not be more excited to kick-start the next quarter with additional growth potential."

"RentMoola has shown that there are still exciting ways to approach old problems," said David Jenkins, CEO of Conservice. "With the significant success in Canada, we are excited to be a part of new opportunities in the rest of North America. The culture and drive for excellence between each of the companies is very aligned and will produce outcomes benefiting all of our joint customers."

Ian Stewart, Co-CEO of Wyse, points out the goal-oriented similarities with RentMoola: "This is an ideal convergence for us because, like RentMoola, Wyse is singularly focused on empowering our customers with the most innovative programs in the industry. With this in mind, we're excited to get the word out to tenants and property management companies about a seamless service helping to change the way people pay rent and get rewarded."

RentMoola recently announced a $5 million capital raise led by Conservice and the principals of Wyse.

ABOUT RENTMOOLA:
RentMoola, one of North America's leading fintech companies, is changing the landscape of paying rent all over the world. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is an online global payment network that allows tenants and owners to pay rent and other payments by credit card, debit card, RM Direct Debit™ or RM Cash™ while earning rewards. Our members have access to our MoolaPerks™ program that provides exclusive deals to travel, lifestyle, home services and other rewards redeemable across North America, UK and Europe.

ABOUT CONSERVICE:
Conservice is North America's largest utility management company for all types of real estate operations with services provided to approximately 2.5 million service locations. With a wide range of service offerings to multi-family, commercial, student, military, HOA and single family rentals, they are unmatched in customer satisfaction and reputation.  The Conservice team members are proud to be The Utility ExpertsTM

ABOUT WYSE METER SOLUTIONS:
Wyse Meter Solutions Inc. provides turnkey submetering and utility expense management services to property managers, building owners and developers across Canada. Wyse is unique in its ability to provide energy consumption transparency and accountability to its customers. Through an exclusive partnership with Conservice, the largest submetering and utility management company in North America, Wyse is able to offer its customers a powerful program known as SyNERGY, providing owners and managers with a 360-degree comprehensive view of the entire utility spend within a building or portfolio of buildings. SyNERGY is already in use across 2 million multi-residential accounts in North America, including eight of the top ten owners and managers of multi-family real estate.

SOURCE Wyse Meter Solutions Inc.

Image with caption: "RentMoola, Conservice, Wyse Meter Solutions (CNW Group/Wyse Meter Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20160316_C3608_PHOTO_EN_641075.jpg

For further information: RentMoola, Patrick Postrehovsky, Co-Founder & CEO, patrick@rentmoola.com, (604) 916-2718; Philipp Postrehovskky, Co-Founder & COO, philipp@rentmoola.com, (604) 657-2775; Conservice, David Jenkins, CEO, djenkins@conservice.com; Wyse Meter Solutions, Ian D. Stewart, Co-CEO, istewart@wysemeter.com, (416) 709-0141

RELATED LINKS
www.wysemeter.com

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