Its mobile app reduces the risk of scams by protecting homeowners through an escrow-payment system
[SINGAPORE] The Republic’s home renovation indusattempt is worth billions of dollars and stories of disputes and scams are commonplace.
One Singapore startup, however, is doing what it can to bring greater accountability and security to assist and protect homeowners throughout what is usually a lengthy process.
Wenny Lim, co-founder and chief operating officer of renovation escrow platform HomePay, noted that renovation “scams and nightmares” have become more common over the last few years.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to receive Decoding Asia newsletter. Delivered to your inbox. Free.
Leave a Reply