Boom Pay

Boom Pay

Boom Pay is the most flexible and rewarding way to pay rent.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-13 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Boom Pay
Made with AI
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BoomPay is a financial technology company that helps people build their credit score by reporting their current and past rent payments to all three major credit bureaus. The company's technology verifies data and reports payments quickly and efficiently, with users typically being verified in less than 24 hours. For those who sign up for ongoing reporting, payments are automatically verified and reported on a monthly basis.

BoomPay aims to make it easier for people to build their credit score and access better financial products. The company stands out from other businesses in the same industry by providing an easy-to-use app and fast reporting times. Customers have reported an average increase of over 28 points in their credit score in just two weeks. Furthermore, customers have seen increases of up to 127 points in just one month.

The company's mission is to help people build their credit score and access better financial products, so they can reach their financial goals. BoomPay is committed to providing a reliable and efficient service that helps people get the most out of their credit score.

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Tech stack

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Investments by Boom Pay

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Alpaca
ACQUISITION by Boom Pay Jul 2023