NEW YORK: Rhino
Rhino
New York City, NY
The average American has less than $400 saved for emergencies. Meanwhile, owners and operators are struggling because of an obsolete process that leads to lost time, protection gaps, and burn out.
For Americans renting today, the cost of living is the highest it has ever been in the last half a century. For over 100 million people, the amount of money needed for a security deposit can be 10 times the amount that they have in the bank. Rhino’s solution is to give renters an affordable alternative to the traditional security deposit. People can’t afford to live in the places they want to because they have to give up too much of their money to find good housing. The process inefficiency trickles down to the nation’s over 44 million renters—creating an unsustainable rental market and a lack of trust. By simplifying and modernizing the process into a singular platform, Rhino gives renters transparency and flexibility, without taking away the protection owners and operators need for their assets.