Thirdfort acquires Homeppl to bolster rental fraud detection Legal ...

Rental check platform Homeppl has been acquired by Thirdfort, a leader in client due diligence (CDD) solutions.

The acquisition will see Thirdfort integrate Homeppl’s rental fraud detection technology into its due diligence suite. Homeppl specialises in data gathering, validation and risk assessment on individuals from across the world. By combining forces, Thirdfort can now offer a unified platform that simplifies and strengthens CDD across legal, property, and accounting sectors.

Advertisement

Unlike traditional tenant referencing, Homeppl’s technology makes previously invisible rental applicants, such as internationals, students, and individuals with thin UK credit files, fully assessable. At the heart of Homeppl’s platform is a proprietary fraud detection system that subjects each applicant to over 150 advanced fraud tests, including email tracking, reaction tests, data enrichment, font detection, and integrity analysis.

Following this acquisition, the Homeppl brand will transition under Thirdfort’s rental check offering, while the remaining Homeppl business rebrands as Fraud Finder. Fraud Finder will now focus on scaling its industry-agnostic document risk analysis product, an AI-driven solution designed to detect document fraud across multiple sectors, including real estate, finance, legal, and insurance.

Advertisement

While Fraud Finder will continue to power document analysis for Thirdfort’s tenant check process, it will also serve businesses looking to safeguard against application fraud at scale across multiple sectors and markets.

Alexander Siedes, founder of Homeppl and now CEO of Fraud Finder, said: “This acquisition is a defining moment for Homeppl. We’ve reshaped the rental market by offering fraud detection capabilities that simply didn’t exist before. Thirdfort’s mission to simplify and secure due diligence aligns perfectly with our vision, ensuring that Homeppl’s groundbreaking technology continues to protect homeowners and property professionals. As we shift our focus to Fraud Finder, we see an immense opportunity to help businesses across industries tackle the rising threat of application fraud. We worked hard on Homeppl to make it a success, and we’re ready to work harder on Fraud Finder.”