Brazil’s Zap+ starts renting out properties without guarantors or insurance

"We have managed to get the insurance bond released or rejected only with the tenant's CPF," says Rafael Nader, vice president in charge of Zapway+.

RIO DE JANEIRO, BRAZIL - The country's largest real estate market ecosystem, the Zap+ platform for selling and renting properties, is about to become even more relevant. The brand was created after OLX Brazil acquired Zap Group and is responsible for the ZAP, Viva Real, and OLX Imóveis websites.

Now the company has launched Zapway+, a tool that allows renting a property without guarantors (co-signers) or insurance (surety bonds).

This solution is possible thanks to Zap+'s reach. Together, the platform's brands have 19.2 million active listings, more than 34 million users per month, and more . . .

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