Yabonza collapses into liquidation as the Aussie tech sector continues to feel the heat

Mark-Trowell-Yabonza

Mark is the co-founder of Australian proptech startup Yabonza. Source: supplied.

The Aussie tech sector has experienced yet another casualty, with property tech startup Yabonza collapsing and entering liquidation.

Yabonza was founded back in 2017 by former Macquarie Group managers Simon Kinsey and Mark Trowell, poised as a progressive model to comprehensive property management services.

The company’s LinkedIn page says the smart property management business operates with “cutting-edge tech platform that drives efficiency, increases the ROI of your investment, and focuses on your a growth asset”. 

Its core offering was to collect and pay rent directly to landlords; select tenants; co-ordinate repairs and maintenance jobs; and undertake inspections and open homes, with investors also assigned an individual, dedicated asset manager.

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