Latest fintech unicorn offers credit-score boost to renters

Esusu, a startup at the intersection of fintech and proptech, raised $130 million in Series B funding from SoftBank and others at a $1 billion valuation.

The New York-based company, one of the few Black-owned startups to achieve unicorn status, aims to help renters get recognized by credit bureaus for making timely rent payments, a benefit that mortgage payers have long enjoyed.