Dubai, United Arab Emirates--(Newsfile Corp. - September 23, 2026) - Leniqo, an Ireland-based technology company developing deposit-replacement infrastructure for the vehicle rental industry, has processed 1,834 guarantees through its pilot programme in the United Arab Emirates, representing 13,526 rental days and AED 5.92 million in guaranteed exposure.

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The UAE pilot is providing Leniqo with a growing base of real-world operating data as the company continues to develop its technology, risk framework and operational processes.

Leniqo's platform is designed to provide vehicle rental operators with an alternative to the traditional cash security deposit. Instead of requiring eligible customers to block a conventional deposit, participating rental companies can use Leniqo's infrastructure to support eligible rental obligations through a digital guarantee process.

The technology supports key parts of the guarantee lifecycle, including guarantee creation, claims administration, payout management, recovery processes and portfolio reporting. As the platform processes more rental activity, Leniqo is using its expanding dataset to better understand how different rental characteristics can affect risk and operational performance.

Ismail Kouami, Founder of Leniqo and Group CEO of Kouami Group, said:

"The UAE pilot is giving us something extremely important: real operating data at meaningful scale. With 1,834 guarantees already processed, we can increasingly make decisions based on actual behaviour rather than assumptions. The objective is to continuously improve how we assess risk, price the product and operate the platform."

Kouami added that the company's approach is focused on building the underlying infrastructure before pursuing expansion purely for volume.

"We want the technology and risk model to become stronger as the dataset grows. Every guarantee gives us additional information that can help us understand where risk develops, how customers and rental operators use the product and where we can improve the experience."

The company is continuing to strengthen the structure of the data captured through the platform. Future development is focused on creating more consistent records across rental, vehicle, pricing, claims and recovery information.

This is intended to give Leniqo greater visibility into individual guarantees and the wider portfolio while supporting more advanced risk analysis as the dataset matures.

Leniqo is also developing structured electronic reporting for guarantee activity, financial transactions, claims and recoveries. The infrastructure is designed to support both internal portfolio management and future cooperation with commercial and risk-capacity partners.

The company says the objective is not simply to digitise the traditional rental deposit process. Instead, it aims to create a data-driven infrastructure layer that allows rental operators to offer deposit-free rentals while maintaining structured controls around the financial obligations associated with a rental.

The UAE pilot represents an important part of that development strategy. Leniqo intends to use the operational experience and data generated through the programme to continue refining the platform before and during expansion into additional markets.

Leniqo is part of Kouami Group, which supports the development of technology, mobility and digital businesses. Kouami Group provides strategic and platform-level support while its portfolio companies operate within their respective markets.

About Leniqo

Leniqo Limited is an Ireland-registered technology company developing deposit-replacement and claims infrastructure for the vehicle rental industry.

Its platform is designed to help vehicle rental operators offer eligible customers a deposit-free rental experience while digitally managing guarantees, claims, payouts, recoveries and related reporting.

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Source: PRNews OU