Resooma moves into utilities space with new bill splitting app

Accommodation booking platform Resooma has announced its foray into fintech and utilities space with the launch of a new bill management app.

The Cardiff-based proptech firm, which recently rebranded from University Cribs to Resooma, is now providing a service to help tenants manage their household bills.

Resooma Bills makes it easier for those living in shared accommodation to manage the headache of setting up, splitting and managing their household bills.

Jack Jenkins, co-founder and CEO of Resooma, said: “We’ve always wanted to be about more
than just helping people find homes.

“For us, it’s about solving all the problems that students and Generation Rent face during the journey of renting their new place. Household bills is definitely one of them.”

Tenants only receive one bill at the end of a month, which will detail their share of all the household utilities. Research commissioned by Resooma found that a third of household arguments come down to disagreements over bills.

As well as offering a direct consumer channel, Resooma Bills comes with a commercial feature that allows letting agents to offer all-inclusive packages directly to their own tenants and generate an additional source of revenue.

Jenkins continued: “Not only do we help agents to align themselves with the demands of the students and
graduates of today that would prefer an all bills inclusive rent offering, but we are also able to provide
substantial fees to the agent.

“We’ve been working tirelessly to build a solution that benefits both letting agents and their tenants at the same time. Living in shared accommodation gives rise to complications for tenants having to split out household bills between housemates, so providing them a bills inclusive option only makes the agency more attractive.”

Dan Jefferys, founder and COO of Resooma.com, added: “The new feature will make household
billing easier by condensing utilities into one monthly bill and splitting it equally between all
housemates.

“Through our in depth research into the student market, we understand that household bills are the number 1 cause of argument in the home. It, therefore, becomes a must for us to fix this.”