Billing Better acquires Homebox

Billing Better acquires utilities comparison service Homebox, further supporting residents to set up all-inclusive bills.

L-R: Jack Ray, Founder, Billing Better and Hedley Smith, Founder, Homebox | BTR News
L-R: Jack Ray, Founder, Billing Better and Hedley Smith, Founder, Homebox.

Billing Better acquires Homebox – a product that allows any home to be rented with bills included, without the risks and liability on Build to Rent operators. The newly formed group will keep both brands and continue to work with their current clients.

The acquisition follows years of close collaboration between Billing Better and the utilities comparison and switching service Homebox. The move will also see the Homebox team join Billing Better – as well as the company’s Founder, Hedley Smith, taking up the position of Chief Technology Officer for the new group.

“After working together for some time, it became clear that there are some huge opportunities in the space and tackling them together makes complete sense. We’ve got a really exciting roadmap ahead of us focusing on simplifying and de-stressing people’s lives – at a time when it’s more important than ever. Billing Better has a fantastic team and ethos and I’m looking forward to being a part of the next chapter.”

Hedley Smith, Founder, Homebox

Plans for the group include a relaunch of the Homebox brand as a fresh new offering in the space. The current white-labelled utilities comparison service offered by Homebox will also be relaunched as part of a new integrated bills management platform.

“We’re delighted to complete our first acquisition to build out our offering for home movers. Homebox’s free comparison tool sits perfectly alongside our bills bundle product, giving home movers the perfect blend of choice when they set up their home.

“Hedley’s unique blend of experience within PropTech and utilities sits perfectly for our business, and we are delighted to have the Homebox team join us on our journey.”

Jack Ray, Founder, Billing Better

Billing Better works with several leading Build to Rent operators – to provide a service which deals with void period management whilst also helping residents to set up their bills as they move into their new rental home.