Articles from Snappt

Snappt, the leading platform for applicant trust in multifamily housing, today announced it has acquired Trigo, a company known for its breakthrough technology in verifying rental payment history. Backed by a $50 million committed facility from Hercules Capital, Inc. (NYSE: HTGC), the acquisition expands Snappt’s platform and strengthens its ability to help property managers make faster, more confident leasing decisions. Together, these milestones mark a major step toward building the industry’s most complete and trusted solution embedded into the application and screening process.

Snappt, the leading platform for applicant trust in multifamily housing, today announced at NAA Apartmentalize the upcoming addition of Verification of Rent (VOR) powered by Trigo. In addition to VOR, Snappt is expanding its platform with enhanced Verification of Assets (VOA) and bank account linking—now supported by a new partnership with Mastercard’s open banking platform, delivered by Finicity. These enhancements are part of Snappt’s expanded Applicant Trust Platform, providing comprehensive financial verification backed by real-time data and best-in-class fraud protection.

Snappt, the trusted verification platform for the multifamily housing industry, today announced the appointment of James Hyde as Chief Executive Officer, effective immediately. Hyde succeeds Co-Founder Daniel Berlind, who will transition to Executive Chairman and continue to play a key role in Snappt’s strategic vision, innovation, and trust category leadership.

Snappt fraud detection technology helps minimize the risks of accepting fraudulent documents from prospective tenants, reducing rental income loss and eliminating costly evictions and debt

LOS ANGELES, May 22, 2023 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, today announced a partnership with ResMan, a cloud-based residential property management solution. This partnership empowers every ResMan customer to access best-in-class document fraud detection, all completely within the core ResMan platform.

LOS ANGELES, March 21, 2023 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, today announced the appointment of Thressa Nichols as Vice President of People Operations. Thressa will be directing and setting the strategy for all people-related initiatives including recruiting, onboarding, employee training, development, engagement, and organizational planning and communications. 

LOS ANGELES, March 14, 2023 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, today announced that Cliff Unger has joined the company as Chief Revenue Officer (CRO). Cliff is the latest in a series of senior executive hires to support the company's continued growth and rapid market expansion.

Fraud detection now covers investment portfolio, bank and debit card statements

LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, announced today that Sean X Cummings has joined the company as Chief Marketing Officer (CMO). Sean is the latest in a series of strategic senior executive hires to support the company's continued growth and rapid market expansion.

The Snappt “Treacherous Twenty” shows that the number of applicants using fake pay stubs or bank statements during the apartment leasing process is as high as 17.9%

85% of respondents saw an increase in application fraud and an increase in the ease of altering financial documentation