Toronto-based rental platform SingleKey has deepened its collaboration with Equifax Canada to introduce a suite of new credit and financial tools aimed at reshaping the rental experience for both landlords and tenants.
The expanded partnership will bring three distinct Equifax solutions to SingleKey customers: Credit Health, which helps renters monitor their credit information and gain insights into responsible financial habits; Rental Credit History, enabling tenants to build their credit profiles by reporting rent payments directly to Equifax Canada; and the Global Consumer Credit File, a tool that allows newcomers to leverage foreign credit history when applying for housing in Canada.
According to SingleKey, these innovations are designed to enhance housing accessibility, improve financial literacy, and increase credit transparency. The company currently processes over 15,000 rental applications per month and projects that more than 180,000 Canadian renters will gain free access to Credit Health in 2025.
“Working with Equifax is driving innovation in the rental space,” said Viler Lika, Founder and CEO of SingleKey. “We’ve already helped 150,000 landlords and property managers screen tenants confidently and guarantee their rents. Now, thanks to Equifax data and technology, we’re taking the next step: helping renters not only build their credit history, but also potentially gain access to more housing opportunities.”
Equifax echoed the importance of expanding financial inclusion through this partnership. “At Equifax, we are committed to helping provide more inclusive financial opportunities that move people forward,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada. “By integrating our credit data and solutions, we’re breaking down barriers to housing accessibility and ensuring renters have the same opportunities to build credit as homeowners.”
For landlords, the integration provides access to the most comprehensive tenant screening reports in the industry, while renters gain tools to monitor their credit, build a stronger financial future, and improve their chances of securing housing.
SingleKey says its goal is to make the rental market more transparent, accessible, and empowering for both sides of the equation.
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