Raylo: Difference between revisions

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'''Raylo''' is a British [[electronics leasing]] company which offers consumers temporary use of smartphones, tablets, laptops, and other electronic devices on monthly subscription terms. Unlike payment plan models where the consumer acquires ownership at the end of the agreement, Raylo customers do not own the device at the conclusion of the lease, despite often paying more than the retail value of the item over the contract period.

'''Raylo''' is a British [[Electronics leasing|electronics leasing]] company which offers consumers temporary use of smartphones, tablets, laptops, and other electronic devices on monthly subscription terms. Unlike payment plan models where the consumer acquires ownership at the end of the agreement, Raylo customers do not own the device at the conclusion of the lease, despite often paying more than the retail value of the item over the contract period.

The company was incorporated on 5 September 2018 under the name Xylofi Limited, rebranding to Raylo Group Limited in March 2019.<ref>{{Cite web |title=RAYLO GROUP LIMITED |url=https://find-and-update.company-information.service.gov.uk/company/11554120 |website=Companies House |access-date=2026-02-12}}</ref> It is registered at 5 New Street Square, London, and is authorised and regulated by the [[Wikipedia:Financial Conduct Authority|Financial Conduct Authority]] under Firm Reference Number 841488.<ref>{{Cite web |title=Legal |url=https://www.raylo.com/legal |website=Raylo |access-date=2026-02-12}}</ref>

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-'''Raylo''' is a British [[electronics leasing]] company which offers consumers temporary use of smartphones, tablets, laptops, and other electronic devices on monthly subscription terms. Unlike payment plan models where the consumer acquires ownership at the end of the agreement, Raylo customers do not own the device at the conclusion of the lease, despite often paying more than the retail value of the item over the contract period.
+'''Raylo''' is a British [[Electronics leasing|electronics leasing]] company which offers consumers temporary use of smartphones, tablets, laptops, and other electronic devices on monthly subscription terms. Unlike payment plan models where the consumer acquires ownership at the end of the agreement, Raylo customers do not own the device at the conclusion of the lease, despite often paying more than the retail value of the item over the contract period.
 The company was incorporated on 5 September 2018 under the name Xylofi Limited, rebranding to Raylo Group Limited in March 2019.<ref>{{Cite web |title=RAYLO GROUP LIMITED |url=https://find-and-update.company-information.service.gov.uk/company/11554120 |website=Companies House |access-date=2026-02-12}}</ref> It is registered at 5 New Street Square, London, and is authorised and regulated by the [[Wikipedia:Financial Conduct Authority|Financial Conduct Authority]] under Firm Reference Number 841488.<ref>{{Cite web |title=Legal |url=https://www.raylo.com/legal |website=Raylo |access-date=2026-02-12}}</ref>