Reposit
Make renting better for everyone, by bringing the best alternative to traditional deposits in the UK
- 21-100 employees
- Fintech
- Property
- B2B
- Insurance
- SaaS
- Old Street, London, UK
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Company mission
To replace traditional deposits in the private rented sector to make renting better for everyone.
Our take
The concept of rent deposits ensures trust between landlords and renters and provides property insurance. The downside is that deposits lock money up for long periods, which is in neither party’s interest. Reposit is a tenancy deposit alternative that adds value for letting agents, landlords, and renters alike.
Instead of the traditional five-week cash deposit, renters pay only one week's worth, and landlords and agents are offered up to eight weeks' protection by Reposit. Through the fintech platform, landlords receive 60% more cover than with traditional deposits, and rooms fill faster because not all renters have 5 weeks' rent to spare. Agents benefit from signing up to Reposit, as their rooms fill faster and they can earn fully compliant commission. To cap it all off, the company is FCA-authorised and underwritten by leading insurers.
It’s a win-win for all parties involved, which is why Reposit enjoyed a 53% increase in business in 2025. It's provided more than £51 million in cover for landlords and, through high demand, continues to grow across the UK.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Remote first working set-up
- Company equipment, including a new MacBook, a second screen, plus a £500 remote work budget to make sure you are set up with everything you need
- 25 days holiday + bank holidays for the first 2 years, adding 1 additional day per year up to 28 days
- 1 day off for your birthday
- Employer’s pension scheme
- Eligibility for company stock option scheme after 12 months in the company
Funding (last 2 of 4 rounds)
Jan 2019
$0.7m
SEED
Jul 2018
$0.7m
SEED
Total funding: $2.6m
This company has top investors
Leadership
Ben Grech
(CEO)Also the Co-Founder and Non-Exec Director at Uniplaces. Previously worked as an Associate at HIG Capital.
People progressing
Joined Reposit in 2018 as a Software Developer, progressing to Lead Developer and now Head of Engineering & Product
Joined Reposit in 2021 as Partner Claims & Operations Associate, progressing to Senior Operations Manager and now Operations Lead
Joined Reposit in 2019 as a Partner Sales Associate, progressing to Sales Team Lead and now Head of New Business