Press Releases

Snappt Raises $100 Million in Series A Funding to Accelerate Fraud Protection for Property Managers and Decrease Evictions

85% of property managers experience application fraud, which accounts for an estimated 25% of evictions

Cushman & Wakefield Launch Snappt Fraud Detection Technology

Data-driven fraud detection software strengthens Cushman & Wakefield’s asset and facilities management services

Snappt Announces Exceptional Growth in 2020

Helping property managers minimize losses from fraud

Customers saw a 14% fraud rate and collectively saved $15 million in eviction costs

Residential Landlords Report More than Half of Tenants are Having Trouble Making Rent

Evictions up 75 percent from pre-COVID-19 levels, with typical buildings having 15 evictions stacked-up awaiting moratoriums to expire

Snappt Survey Finds Residential Rental Companies Lose More than $4.6M Annually to Fraudulent Applicants

Two-thirds of property managers say they’ve fallen victim to fraudulent rental applications, which drive higher evictions, property damage, and criminal activity