Tenant Shop is set to receive investment after its parent company Inchora partnered with Korean firm Arion Technology.
The partnership deal is to jointly develop Inchora’s digital platform businesses.
Tenant Shop is one of these digital platforms which has agreed a share of the money as part of the deal.
Chris Wallis, Inchora’s largest shareholder, said: “This partnership will help Inchora become the platform of choice for Generation Rent in the UK. We are delighted to become one of Arion’s first digital platform partners.”
JP Lee, Arion’s executive director said: “Our partnership with Inchora shows Arion’s ambition to become a world leading digital platform business.
“We are very excited to be working with our UK partners in the key Generation Rent and financial services sector and look forward to using our partnership to share our mutual knowledge and skills to enable both companies to establish major digital platforms in their own countries.”
Tenant Shop works with tenants and letting agents to help tenants move home.