Real estate startup Domuso announced the completion of $3.1 million in financing. Four investors contributed to the round, among them Bascom Group.
Domuso is a data-driven payments and financing technology for the rental housing industry. More than 40 percent of Americans are renters, nearly two-thirds of whom live paycheck to paycheck. The largest monthly expense for most families is rent, which, like clockwork, is due on the 1st and late on the 3rd, with notice on the 5th of each month. Domuso has created a full-stack payment solution that allows rental residents to pay over time and landlords to get paid up front.