Circular Commerce Platform 'Rentle' Empowers Commerce Outside of Ownership | Knowledge Hub | Circle Economy Foundation
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Business case
Circular Commerce Platform 'Rentle' Empowers Commerce Outside of Ownership
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In our new online interview format ‘What’s happening out there?’, Circle Economy features entrepreneurs that own a business based on circular principles. In this first episode we spoke with Tuomo Laine - Co-founder and CEO of Rentle - a circular commerce platform. This Finish company develops e-commerce infrastructures for other businesses to make products rentable in a few clicks. When Rentle first started, their customers were mainly ski resorts. But since day one, they always knew that they were building something that is applicable for all industries. Soon they will be able to launch some news around clothing rentals. Read more below and watch the first episode of ‘What’s Happening Out There?’ now!

Problem

Today's commerce softwares are almost exclusively designed for selling ownership, not access. To grow sales via quantity, not quality. Therefore, it is unnecessarily complicated for both consumers and businesses to discover the vast potential of outside ownership.

Solution

Rentle closes the gap between supply and demand effortlessly. Their platform empowers merchants to expand their commerce from unit sales to services, from ownership to access — while retaining full control of their customer experience.

Outcome

Today, merchants in over 40 countries offer their customers a choice between renting and buying. Rentle has helped businesses process over 800,000 orders worth tens of millions of dollars in sales worldwide.

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