According to BlueDuck chief executive officer Earnest Wong, there is an estimated RM3bil in locked funds as a result of security deposits and additional initial rental payments required prior to renters moving in.
LOCAL fintech startup BlueDuck hopes to unlock funds stuck in security deposits for the rental market to increase cash flow for consumers while ensuring safety for landlords.
According to BlueDuck chief executive officer Earnest Wong, there is an estimated RM3bil in locked funds as a result of security deposits and additional initial rental payments required prior to renters moving in.
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