Rentoza
Rentoza is making waves as South Africa’s first premium goods subscription platform.
They provide access to a multitude of items with flexible terms and pricing to suit any pocket.
With Rentoza, individuals can subscribe to all the electronic goods and appliances their hearts desire at an affordable rate for a defined period of time, without having to worry about maintenance.
Rentoza provides Access, Affordability & Flexibility for customers, and services all segments of the consumer and business market through an inclusive business model. Rentoza is not a credit provider; it is South Africa’s first subscription service for electronics and appliances.
Rentoza’s Journey With LevelUp
RCS introduced Rentoza to the LevelUp programme after Startupbootcamp AfriTech rated Rentoza as one of the top 10 start ups on the African continent. Chris Govender and Mishaan Ratan, Co-founders of Rentoza, describe the LevelUp programme as a powerful business tool.
“The LevelUp programme helped to validate and expose our business,” says Chris. The programme could not have come at a better time for Rentoza as Covid-19 saw a dramatic increase in their website traffic.
Rentoza went from an R8 000 per month start up to an
established business turning over R3 million per month, within two years.
The Rentoza team say that the highlight of the programme was learning about the RCS business structure and how to route the communication to the correct RCS departments. The exposure to RCS stakeholders, as well as building networks with other entrepreneurs, has been of enormous benefit to Rentoza.
The Future For Rentoza
Covid-19 has forced consumers to find new ways to access products as the traditional paths to purchase have been severely disrupted by lockdown. This has been a boon for Rentoza, as consumers quickly see the benefit of the pay as you use business model.
The Rentoza team are ready for the influx, however, and are sticking to their vision of becoming a household brand in South Africa. They want to change the landscape in South Africa and alter the methods of consumption of all electronic goods and appliances.