← State of Embedded Finance 2026

Goodlord

Can a UK proptech workflow platform own the entire financial layer of the residential rental market — payments, insurance, referencing, and deposit products — for letting agents?

Founded2014
HQLondon, UK
FoundersTom Mundy, William Reeve
Total raised~$33M
Latest roundGrowth capital raise (year undisclosed in evidence)
IndustryVertical SaaS / Real Estate
The story

Founded in 2014 as a SaaS platform to remove paperwork from the UK residential letting process, Goodlord survived an early leadership crisis in 2018 and re-emerged as a more product-led business under William Reeve. The company progressively layered embedded finance on top of its workflow software — first adding payment orchestration via Modulr, then open-banking-powered tenant referencing via Tink, and finally rent protection insurance and deposit alternatives. The strategic pivot is from 'digitise the tenancy' to 'own the financial layer of the UK rental market', positioning Goodlord as the financial OS for letting agents rather than a document-management tool.

Last 12 months
2025
2026-05
Product timeline
2014
Founded by Tom Mundy as a SaaS platform to digitise and streamline the residential tenancy process for landlords, letting agents, and tenants.· pivot
2018
William Reeve (co-founder of LOVEFiLM and Zoopla) became CEO following departure of the previous CEO and a round of layoffs.· pivot
2021
Raised $13.1M Series B led by Latitude Ventures; brought total funding to ~$33M; began partnership with Reposit for deposit alternatives.· banking
2022
Partnered with Modulr Finance for embedded payments and account infrastructure to handle rental money flows; integrated Tink as open banking partner for tenant referencing.· banking
2023
Published safeguarding explanation on its website, confirming Modulr as the e-money institution powering its payments accounts.· banking
2025
Raised additional capital to support future acquisitions, signalling intent to consolidate within the UK proptech/lettings sector.· acquisition
2026
Announced Reposit as exclusive integrated deposit replacement partner on the Goodlord platform ahead of the UK Renters' Rights Act commencement.· banking
The stack
Payments / PSP
StripeGoCardlessBottomline TechnologiesModulr
Banking / BaaS
Modulr
Open banking
Tink
Accounting
Xero
Accounting gap: minor