Obligo Announces a New Embedded, End-to-End Solution to Fully Outsource Security Deposit Management

The solution will allow property managers to outsource deposit collection, management, and refunds, all seamlessly embedded within their existing property management software workflows 

Obligo, the fintech company on a mission to rid renters and property managers of the burden of security deposits and establish a new standard of trust in renting, announced the launch of its end-to-end deposit management solution.

Cash deposit handling has long been a costly and cumbersome process for property managers. Traditional manual steps – from certified checks to ledger updates and refund compliance – drive up operational costs, increase compliance risk, and provide an antiquated renter experience.

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Obligo renters enjoy a seamless move-in with digital payments and refunds – no checks, no snail mail. Alongside the full deposit option, renters can choose from Obligo’s existing products to best fit their financial needs, including No Deposit, Reduced Deposit™ or Deposits-in-Installments.

“Deposit management solutions are not a new concept, but they’ve always come with a clear compromise,” said Roey Dor, CEO of Obligo. “It’s understandably difficult for property managers to trust new entrants in the deposit space – especially when those solutions aren’t embedded into their property management systems. Our approach delivers what the industry has been waiting for: a fully embedded, flexible, and trusted solution that truly rids both properties and renters of the burden of security deposits.”

Trusted by the leading property management software, including Yardi, AppFolio, Buildium, and others, Obligo’s API-first platform integrates seamlessly with property management and financial systems, earning recognition for its scalability, security, and flexibility.