For two years we have had the distinct privilege to push the limits of what it means to make renting in Canada more affordable, convenient and rewarding. We believe people and families who rent their homes are getting left behind and we wanted to build financial tools and services that changed that for the better. What united us in that mission was the idea that we could make a meaningful, tangible difference in the lives of people and families in our backyard.
Unfortunately, short term lending in a rising interest rate environment due to a period of unprecedented inflation not seen in a generation meant our business model was fundamentally challenged and we couldn't carry on with conviction.
To our customers and visitors who still want to get the credit you deserve for paying rent, check out our friends over at Billi.
Thank you and all the best,
The Chroma Team