Marlette Holdings Acquires Flexible Rent Platform Till, Expanding the Best Egg Suite of Financial Products

The acquisition will enhance the company’s rapidly growing Best Egg product portfolio, offering customers personalized rental payment solutions.

WILMINGTON, Del., December 01, 2022–(BUSINESS WIRE)–Marlette Holdings, Inc., a leading financial technology company that operates the Best Egg platform, today announced the acquisition of Till, Inc., a leading flexible rental platform. Till will rename Best Egg and incorporate into the Best Egg financial platform, providing customers with a unique payment flexibility tool to further increase their financial confidence.

Till’s flexible rental platform allows tenants to personalize their rent payments, splitting monthly payments into smaller, more affordable amounts paid throughout the month. Flexible rent transforms the entire tenant experience with personalized payment schedules that allow tenants to take control of when rent is paid to better align with their cash flow.

Jeffrey Meiler, Founder and CEO of Marlette Holdings said: “Inflation in the United States is at a 40-year high, causing many Americans to make difficult decisions about their finances. “The acquisition of Till comes at the right time – it is absolutely the right product. to offer customers greater payment flexibility and ultimately make the significant cost of rent more manageable.”

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“Best Egg provides simple solutions to help people with limited savings confidently navigate their daily financial lives,” said Meiler. “There are an estimated 48 million residential rental units in the United States, and for many renters, rent is their largest monthly expense. Being able to offer our customers this unique, personalized and flexible approach to their rental payments is just the beginning team at Till has extensive experience in the rental real estate market, and we look forward to this new leadership team developing the most innovative product offerings for the Best Egg portfolio.”

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“When we founded Till in 2018, we knew there was a gap in the market for this kind of personalized, flexible tenant support,” said David Sullivan, Co-Founder and CEO of Till. “Flexible Rent allows tenants to take control of one of their biggest recurring costs and avoid costly late fees while empowering them with a personalized experience. We are excited to leverage Best Egg’s scale, best-in-class technology there, and the financing ability to make. flexible rent across the industry. Together with Best Egg and our amazing partners, we’re helping millions of tenants pay rent successfully every month.”

Andrew Deringer, Chief Capital Officer of Best Egg, said: “The acquisition of Till is an example of how we can leverage our strong financial position and our capital markets expertise to grow innovative products. “We will continue to look for strategic opportunities that create value for our customers and shareholders.”

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About Marlette Holdings, Inc.

Marlette Holdings, Inc. is a leading financial technology provider whose subsidiaries develop and operate Best Egg, a leader in financial confidence that provides lending products and resources focused on helping people feel more confident as they manage their day-to-day finances. Since March 2014, Best Egg has delivered $22 billion in consumer personal loans with high credit performance, welcomed nearly 592,000 members to the recently launched Best Egg Financial Health platform, and provided more than 172,000 card members with the new Best Egg Credit Card the wallets. For more information, visit bestegg.com.

See source version on businesswire.com: https://www.businesswire.com/news/home/20221130006133/en/

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