RentAll

RentAll is a Spanish startup that has developed a smart renting platform focused on the circular economy and pay-per-use consumption. The company, founded by Francisco Carvajal and Bertrand Rigaud, provides a technological solution that connects retailers, banks, insurers, and buyback companies. This enables retailers to offer a wide range of products for rent, providing them with a new revenue stream and a quick go-to-market strategy.

The platform allows consumers to rent items such as smartphones, computers, scooters, e-bikes, and home appliances instead of purchasing them. Each rental transaction is fully digital and includes insurance to protect against damage or theft. At the end of a contract, RentAll buys the product back for resale on the second-hand market or for its components to be recycled.

Key features of the platform, developed in collaboration with EIT Digital, include biometric customer recognition, fraud management, an online scoring system, and a smart virtual assistant to improve the customer experience. The company has established partnerships with major retailers like Carrefour Spain and Leroy Merlin Spain, as well as a strong ecosystem of Tier 1 banks including Cetelem, Abanca, BBVA, Sabadell, and Société Générale to offer a variety of financing instruments.

In November 2023, RentAll secured EUR 1.25 million in funding to support platform development, hire new staff, and drive international expansion. The company has already expanded from Spain into France and has plans to enter the Italian market, with a long-term goal of entering the U.S. market by 2026.

Keywords: pay-per-use, circular economy, renting platform, consumer electronics rental, e-mobility rental, fintech, subscription model, asset financing, retail-as-a-service, sustainable consumption, product-as-a-service, digital rental, smart renting, biometric identification, fraud management, second-hand market, e-scooter rental