Obligo and AppFolio Partner to Transform Rental Deposits with Innovative Solutions
- Obligo partners with AppFolio to launch innovative deposit solutions, eliminating traditional security deposits for renters.
- New offerings include Deposit-in-Installments and Reduced Deposit™, enhancing flexibility for renters and simplifying management for property managers.
- Obligo's solutions are available in over one million homes, reinforcing its commitment to modernizing rental practices through technology.
Revolutionizing Rental Deposits: Obligo's Partnership with AppFolio
Obligo, a fintech company founded in 2018 by brothers Roey and Omri Dor, is transforming the traditional rental experience by eliminating the need for security deposits. On July 1, 2025, Obligo announces the launch of two innovative products—Deposit-in-Installments and Reduced Deposit™—in collaboration with AppFolio, a leader in real estate technology. These new offerings cater to renters' financial needs by providing flexible deposit alternatives that enhance the overall renting experience. With options that allow renters to skip the deposit for qualified individuals, pay a reduced amount, or divide the full deposit into manageable installments, Obligo is redefining the standards of rental agreements.
The new solutions not only benefit renters but also simplify deposit management for property managers. By reducing administrative burdens and minimizing bad debt associated with traditional deposits, these offerings help property managers fill vacancies more rapidly. This streamlined approach is essential in a competitive rental market where efficiency can significantly impact profitability. With Obligo’s API-first platform, the integration with AppFolio is seamless, providing property managers with the tools they need to maintain smooth operations while enhancing tenant satisfaction.
As of now, Obligo’s deposit solutions are available in over one million homes across the United States, solidifying its position as a trusted partner in the rental process. Roey Dor, CEO of Obligo, expresses pride in launching these hyper-personalized deposit solutions, emphasizing the company's goal to embed itself within the leasing journey as a comprehensive provider for all deposit-related needs. This partnership with AppFolio not only enhances the company’s product offerings but also reinforces its commitment to modernizing rental practices.
In addition to its innovative deposit solutions, Obligo continues to focus on improving the overall rental experience through technology. With the growing shift towards digital solutions in the real estate sector, Obligo is well-positioned to meet the evolving needs of both renters and property managers. By fostering partnerships with industry leaders like AppFolio, Obligo aims to remain at the forefront of fintech developments in the rental market.
For those interested in exploring Obligo's offerings, further information can be found at obligo.com, where potential users can discover how these new deposit solutions can benefit their rental experiences. As the rental landscape evolves, Obligo's initiatives signal a significant step towards a more flexible and accommodating approach to residential leasing.
