Lendlord says that this new feature will allow its users to fully automate their cashflow and rent collection and make it easier to manage their bookkeeping and tax returns. Landlords will also be able to easily review their expenses breakdown and up-to-date profit and loss position across their entire portfolio.
Lendlord provides property investors with an online platform to manage and track their portfolio details, data, and performance, whilst also identifying finance and capital raising opportunities based on a user’s specific profile.
Aviram Shahar, Co-Founder and CEO at Lendlord, said: “We have partnered with Plaid to deliver a great enhancement to the Lendlord platform. Landlords who make the most of this Open Banking integration will have greater visibility over the cashflow position of their properties and be able to automate key processes – saving them time and giving greater peace of mind.
“It will also help Lendlord users get better insights into their investment because it will improve the quality and credibility of the data they assess.”
