Boom Pay

boompay.app · New York City, United States of America

Boom Pay is a fintech company that offers a mobile app that helps renters build credit by reporting rent payments to major credit bureaus and providing tools to track and manage their credit profile. The company targets consumers, particularly renters with limited credit history, and generates revenue through subscription fees and/or service fees associated with rent reporting and related financial services.

  • Lending & Credit Software
Revenue
$800.0K
Employees
15
Founded
2020
Headquarters
New York City, United States of America

What 5 Arbolus experts think of Boom Pay

NPS scores are distributed at the high end, with most experts rating Boom Pay 9-10, indicating strong advocacy. Renewal intent is explicitly positive among established users, while early-phase and pilot users express some uncertainty pending full rollout. Stickiness is high in mature deployments, particularly among operations and executive roles, reflecting deep process integration. Key feedback themes include the automation of rent collections, reduced manual admin, and a smooth onboarding experience. Minor reservations surface in edge cases around credit-building efficacy or in contexts where use cases shift outside core rent collections.Overall Customer Sentiment: Positive

Who reviewed Boom Pay

Total customers 5 5 current · 0 former
Reviews growth +1 in six months
Seniority of respondents
  • C-Suite 60% (3)
  • Director 40% (2)
Operations Ops C-Suite NPS 10 Will renew
Executive C-Suite NPS 8 Will renew
Operations Leader Director NPS 10 Will renew

Employer names and spend open in the full report, along with the other 2 customers.

Everything 5 customers told us about Boom Pay.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

60 Net Promoter Score, from 5 scored reviews
  • Promoters 3
  • Passives 2
  • Detractors 0

Cumulative NPS by month

+0 over 3 months
  • Nov 9
  • Dec 9
  • Jul 9

Net Promoter Score across 2 reviews, accumulated up to each month. Category median 44 across 2 companies.

Praised

  • Superior Automation and Time Savings
  • Customer Service and Integration
  • Ease of Use for Tenants
  • Landlord Guarantee Options

Criticised

  • Pricing and Commercial Shifts
  • Competitor Feature Advantage
  • Service Reliability and Downtime
  • Limited Impact of Rent Reporting

What customers say

Superior Automation and Time Savings
“Boom Pay's automation and reconciliation have significantly reduced our admin workload and sped up month-end processes.”
Customer Service and Integration
“We’ve relied on Boom Pay's stellar customer service, easy integration, and the breadth of their services to efficiently handle large volumes of lease-ups and tenant verifications.”
Ease of Use for Tenants
“Boom Pay is easy for both us and our tenants—accounts are secure, the system is user-friendly, and it meets expectations without unreasonable costs.”

Renewal intent

Plan to renew 80%
  • Will renew 4
  • Undecided 1
  • Not renewing 0

Plan to renew, by seniority

  • C-Suite 100% 3 answers
  • Director 50% 2 answers
  • 9.3/10 Average score from customers who will renew
  • 7/10 Average score from undecided customers

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