Reno Introduces Flexible Financing With End-to-End Support for Renovation Projects in the UAE

Reno, an all-in-one interior design and renovation platform offering flexible financing for residential and commercial projects has officially launched in the UAE.

Through its app, Reno connects end users to a network of interior designers, project managers and contractors, aiming to simplify the end-to-end renovation experience.

Liquidity is a common challenge for many renovators. Recognising this, co-founder and CEO Marc Michel, is leveraging over a decade of digital credit experience to provide access to high-quality renovations; without the need for immediate cash flow or lending power. He says the new financing proposition, dubbed ‘Renovate Now, Pay Later’ (RNPL), is available “at the tap of a button”.

Marc Michel, co-founder and CEO at Reno

“The concept for Reno was sparked during my personal experience of an expensive, time-consuming house renovation project,” Michel explained. “I envisioned a better solution which consolidated the process into a single project management platform.

“The result is Reno, a one-stop shop which takes projects from ideation to completion via a seamless user journey. We’re proud to be a renovation company that leverages smart tools and fintech to improve accessibility and project outcomes. Because for us, technology does not replace the human touch – it elevates it.”

From initial design to project delivery, users can track and manage each step of a renovation process via the Reno app. Reno explained it looks to ensure quality craftsmanship and transparent, trusted solutions, with clear timelines and costs – all in one easy-to-use interface.

Supporting residential and commercial projects

For investors and brokers, Reno offers tools to realise their vision and grow their business. With Dubai witnessing a 46 per cent year-on-year increase in the number of registered holiday homes alone – and, with demand for both holiday lets and short-term rentals set to grow even further, now is the ideal time for entrepreneurs to invest in high-quality renovations.

Reno makes it easy for residential homeowners to turn their dream home into a reality. With a recent report revealing that quality home renovations in Dubai can double returns on investment, demand for easy and accessible renovation solutions is higher than ever.

Reno also works with business owners looking to renovate office spaces. However, with many offices being delivered as empty shells, and limited financing options posing a challenge – particularly for smaller startups and SMEs – completing office renovation works can be time and cost-intensive. From enhancing existing spaces to core fit-outs, Reno aims to make it easier for businesses to build workspaces that better suit their brand and their budget.

The post Reno Introduces Flexible Financing With End-to-End Support for Renovation Projects in the UAE appeared first on The Fintech Times.

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