How Fllat enhances screening and scales seamlessly with BoomScreen

This case study is based on an interview with Edi Nisenbaum, Vice President of Operations at Fllat. All quotes are attributed to him unless stated otherwise.

Fllat at a glance

Key Points:

  • Nearly 1,000 beds across eight U.S. cities (4,000+ globally)
  • One of North America's largest co-living operators (U.S., Canada, U.K.)
  • Asset type: student housing / co-living
  • Serves international students, young professionals, and first-time co-livers
  • Uses BoomScreen for tenant screening

Company: Fllat is one of North America's largest co-living operators, managing nearly 1,000 beds across eight U.S. cities and 4,000+ beds globally, focused on affordable, comfortable housing for students and young professionals.

Asset type: Student housing / co-living

BoomScreen user since: August 2024

About Fllat

Fllat is one of North America's largest co-living operators, with a portfolio spanning the U.S., Canada, and the U.K. Their U.S. footprint alone boasts nearly 1,000 beds across eight major cities, including New York, Chicago, and Boston; globally, they manage over 4,000 beds. Focused on affordable, comfortable housing, Fllat serves a diverse demographic of international students, young professionals, and individuals new to co-living.

"Our housing option is meant to be more affordable. We want to make sure people can access our rooms."

Safety and comfort are also paramount, as many residents are experiencing co-living or independent housing for the first time. Fllat's commitment to a safe, comfortable environment means tenant screening plays a critical role — and their rapid expansion and rising application volume required a robust, scalable solution. That's where Boom came in.

The need for a scalable, comprehensive screening solution

"Our previous screening provider was a very elementary product. It served our needs when we were smaller and more regional, but now we're a national portfolio with ambitious plans. We needed something that could keep up."

Fllat's priorities:

  • Detailed income verification to ensure applicants could afford rent
  • Comprehensive checks beyond just credit scores, particularly for international applicants
  • Scalability and efficiency to manage high volumes during turnover periods
  • Ease of use for both their team and applicants

With Boom, Fllat found a solution that addressed all of these priorities.

Streamlining screening for high-volume operations

Enhanced screening capabilities

Fllat's diverse applicant base includes international students who often lack traditional credit histories. BoomScreen's flexibility in verifying financial stability through bank linking, payroll connections, and document parsing proved invaluable.

"Credit scores aren't always relevant for us since many of our applicants are international. But we need to ensure they have the funds to pay rent. Boom provides the visibility we need to make confident decisions... We're big on criminal background checks, especially in the U.S. We need to make sure we're not putting anyone with a dangerous history into a shared living environment. BoomScreen helps us maintain those safety standards."

Seamless onboarding and ease of use

"The onboarding process was very straightforward. Our team picked it up quickly, and we heard nothing but positive feedback. Ease of use and functionality were big selling points — even our new team members could jump in and start using it with minimal training."

Supporting regionalized operations

As Fllat transitioned from a centralized to a regionalized screening process, BoomScreen's standardized workflows and accessibility across locations proved essential. Local teams could efficiently review applications while adhering to company-wide screening standards, ensuring consistency and compliance.

A recommendation for the industry

"The combination of pricing, ease of use, reporting capabilities, and add-on features makes Boom an excellent choice. It's a night-and-day difference from our previous provider. Boom has met all our needs and done so within budget. We're very satisfied."

The results

Faster turnaround times

"Having a tool that allows us to make comprehensive decisions rapidly is critical, especially when we're dealing with hundreds of applications during turnover seasons. No news is good news in this business, and we've had no complaints about the application process. It's intuitive and efficient, which makes it easier for everyone involved."

Scalability and cost-effectiveness

"Price is always a consideration, but Boom delivers value that far exceeds the cost. It's helped us become a market leader and is a selling point for tenants and landlords alike."

  • Rapid, comprehensive decisions even during high-volume turnover seasons
  • Flexible verification for international applicants without traditional credit histories
  • Strong safety standards via criminal background checks for shared living
  • Standardized, regionalized workflows that keep screening consistent across locations
  • Value that exceeds cost, and a selling point for tenants and landlords alike

About Fllat

Fllat is a leading co-living provider operating across the U.S. and the U.K., dedicated to transforming the outdated residential leasing sector to make renting simple, affordable, and flexible for students and young professionals. An asset-light business, Fllat helps landlords achieve 100% occupancy through its tech-enabled leasing platform while offering residents fully furnished rooms in upscale, amenity-rich buildings.

About Boom

Boom is the financial services infrastructure powering modern rental operations. Boom provides property managers across multifamily, single-family, and manufactured housing with BoomScreen (configurable tenant screening and underwriting with fraud detection and income verification) and BoomReport (automated rent reporting to all three credit bureaus). The Boom Platform integrates with major property management systems to help reduce fraud, increase leasing velocity, drive on-time payments, and grow revenue, while serving renters through the Boom App to build credit and improve financial health.

Ready to Get Started?

Talk to our team about driving growth for your organization or access the developer portal today.

Student Housing

How Fllat enhances screening and scales seamlessly with BoomScreen

This case study is based on an interview with Edi Nisenbaum, Vice President of Operations at Fllat. All quotes are attributed to him unless stated otherwise.

This case study is based on an interview with Edi Nisenbaum, Vice President of Operations at Fllat. All quotes are attributed to him unless stated otherwise.

Fllat is one of North America’s largest co-living operators, with a portfolio spanning the U.S., Canada, and the U.K. Their U.S. footprint alone boasts nearly 1,000 beds across eight major cities, including New York, Chicago, and Boston. Globally, they manage over 4,000 beds. Focused on providing affordable, comfortable housing, Fllat serves a diverse demographic of international students, young professionals, and individuals new to co-living environments.“Our housing option is meant to be more affordable. We want to make sure people can access our rooms,” Edi shared.

Safety and comfort are also paramount, as many residents are experiencing co-living or independent housing for the first time. Fllat’s commitment to creating a safe, comfortable environment means tenant screening plays a critical role in their operations. Their rapid expansion and increasing volume of applications required a robust and scalable solution. That’s where Boom came in.

Create account
Download the full case study
Download

“The combination of pricing, ease of use, reporting capabilities, and add-on features makes Boom an excellent choice. It’s a night-and-day difference from our previous provider. Boom has met all our needs and done so within budget. We’re very satisfied.”

Key benefits to Fllat residents

Credit building opportunity

With Boom, renters can build their credit over time as they make consistent, on-time rental payments.

Tri-bureau reporting

Boom reports rent payments to all three major credit bureaus—Experian, Equifax, and TransUnion.

Free credit score tracking

All renters using Boom can track their reported payments and credit score progress via the Boom app.

Exceptional 24/7 customer support for Fllat applicants

Response times <2 minutes

Customer support for you, your applicants, and your renters in minutes, not days.

Single POC for disputes

As a CRA, Boom handles all screening report disputes, requests for report copies, and requests for data updates,

Bilingual support

English and Spanish support for your renters—and more languages coming soon.

Renters can track their rent reporting, monitor their credit progress, and access financial wellness tools - all within the app
Average app rating score

Our mission

At Boom, our goal is to make housing more flexible, affordable, and rewarding.

Our history

Boom was started in late 2020 as one of our co-founders, Rob Whiting, helped two of his family members navigate housing instability due to
COVID-19 - related job loss. During this time, he saw just how archaic and difficult renting remains for the majority of the 110 million renters in the US like his family members. And the rent payment is at the center of this.
Not only has rent increased >4x faster than income for the majority of renters since the early 2000s, but the tools available to renters and landlords alike has similarly stagnated. Rent remains one large lump sum, with no additional benefits on top of paying rent - a fact that can make renting feel like money down the drain. At Boom, we believe that housing can be more flexible, affordable, and rewarding. We’ve started by enabling you to build credit with the rent payments you already make.

Our backers

Starting Line

Ezra Galston

Clocktower Ventures

Ben Savage

Company Ventures

Matt Harrigan

Gilgamesh Ventures

Andrew Endicott & Miguel Armaza

Chingona Ventures

Samara Hernandez

Affirm syndicate

Jeffrey Shu

William Hockey

Plaid co-founder

Zach Perret

Plaid co-founder

Siesta Ventures

Pau Sabria (Olapic co-founder)

Sergio Furio

Creditas founder

Misha Esipov

Nova Credit co-founder

Cyril Berdugo & Tom Petit

Landis co-founders

Will Lucas

Mint House co-founder

Todd Benson

Citi private equity co-founder

Key metrics

About Fllat

Fllat at a glance

Key Points:

  • Nearly 1,000 beds across eight U.S. cities (4,000+ globally)
  • One of North America's largest co-living operators (U.S., Canada, U.K.)
  • Asset type: student housing / co-living
  • Serves international students, young professionals, and first-time co-livers
  • Uses BoomScreen for tenant screening

Company: Fllat is one of North America's largest co-living operators, managing nearly 1,000 beds across eight U.S. cities and 4,000+ beds globally, focused on affordable, comfortable housing for students and young professionals.

Asset type: Student housing / co-living

BoomScreen user since: August 2024

About Boom

Boom is on a mission to level the playing field for the 110+ million renters in the US by making housing more flexible, affordable, and rewarding. Boom is building a suite of rental financial services for renters and  property managers, including rent payment reporting, rent reporting-as-a-service, and a number of integrations for the largest property management systems (PMS). Now serving thousands of renters, Boom is led by second-time founders Rob Whiting (ex-BCG, Rubicon) and Kirill Moizik  (ex-Eco, Technion, Grubhub).