“Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures…In a nutshell, renters can pay their rent when it’s due and then have up until the 24th of the month to pay the money back to Jetty — either in a lump sum or via installments. They don’t pay interest charges or late fees, but rather a monthly subscription fee ranging from $15 to $25, depending on the renter’s risk profile. If the renter fails to pay back the money during the agreed upon time, they will not be able to borrow more for the following month.”