Stairpay
The future for First Time Buyers
- 1-20 employees
- Fintech
- B2C
- Property
- B2B
- Automation
- 1 Fetter Lane
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Company mission
To allow anyone to afford the home of their dreams.
Our take
In England, you can borrow 4.5x your salary to buy your first home, but the average home costs around 11x the average salary. Shared ownership and other gradual ownership schemes are here to bridge that gap.
These schemes are currently mostly operated by House Associations, but there is a huge rise in demand from institutional investors to come in and grow the market to meet the demand for First Time Buyers.
The only problem is, they have very little data on how the schemes currently work and very little support from existing technology to manage huge portfolios or renters at scale.
Stairpaid is building the first operating system for institutional landlords, connecting both aspiring homeowners and those who offer gradual ownerships schemes.
By housing both sides of the market, Stairpay is capturing all the data necessary to attract more capital into the market as well as giving new entrants an off the shelf scalable operating system.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 25 days holiday plus bank holidays
- Work from anywhere for 2 weeks a year (July, August, December)
- Gym in the office
- Generous stock options
- Monthly team socials
- Latest equipment
- Work remote 1-2 days a week
Funding (1 round)
Jul 2024
$1m
SEED
Total funding: $1m
This company has top investors
Leadership
Floris ten Nijenhuis
(Founder)Floris graduated from Oxford and started his career in Finance at Barclays Investment Bank. Over the last 6 years he has taken 2 startups from zero to 1 and founded Pluto.