Introduction

RNPL Credit (Rent Now Pay Later) is revolutionizing the way renters access apartments and condos across the United States. By combining decades of hospitality experience with financial innovation, RNPL helps renters overcome one of the largest barriers to moving—the upfront cost of renting. Their platform empowers consumers by underwriting their profiles and offering flexible financing for security deposits, and in many cases, the first and last month’s rent.

Co-founded by Mark Mughabghab, a hospitality veteran with a strong financial background, RNPL is uniquely positioned to transform the rental experience for millions of Americans—especially those locked out of housing due to liquidity challenges.

The Challenge

In a competitive market with rising rent costs, RNPL needed to:

• Launch their platform quickly to capitalize on demand.

• Build sophisticated underwriting models tailored to non-traditional credit metrics.

• Integrate data sources, decisioning, and APIs without building expensive infrastructure from scratch.

• Go live with both web and mobile experiences—fast.

Building all of this in-house would have cost millions of dollars and delayed their launch by several quarters, putting their market opportunity at risk.

The Challenge

LendAPI’s modern fintech infrastructure provided RNPL with everything they needed to move from idea to market in less than 30 days. By leveraging LendAPI’s:

• Underwriting Studio: RNPL created and iterated on their proprietary decision models quickly.

• Integration Tools: Seamless access to credit, income, identity, and fraud data sources.

• Deployment Infrastructure: Enabled secure, scalable operations for both web and mobile apps.

• Real-time Decisioning Engine: Allowed RNPL to instantly evaluate rental applications.

Instead of worrying about infrastructure, RNPL focused on what they do best—helping renters secure better housing through smarter financing.

Implementation & Results

• Go-to-market time reduced by multiple quarters

• Platform launched within one month

• Underwriting tenant applications almost instantly

• Millions saved in engineering and infrastructure costs

• Positioned as a market leader in rent financing and deposit alternatives

Mark Mughabghab, Co Founder of RNPL Credit:

"Partnering with LendAPI allowed us to hit the ground running. We went from concept to a live platform in a month—something that would have taken us a year and a full-stack team to build ourselves"

Looking Ahead

With LendAPI as their fintech backbone, RNPL is now scaling nationally, learning from every applicant, and continuously improving their risk models. Together, RNPL and LendAPI are creating a new category in rental finance—one that makes access to housing more equitable, fast, and affordable.