Obligo and Yardi Announce Partnership to Launch Embedded Security Deposit Alternative

We’re proud to announce we have partnered with Yardi® to provide a fully embedded security deposit alternative within Yardi’s residential property management software. 

Obligo’s holistic suite of deposit solutions powers a trusted and streamlined rental experience for both properties and renters. The solution provides properties with the ability to maintain full protection, reduce bad debt, and offer an appealing amenity to prospective renters – who can choose to keep their security deposit, ​​and instead use it to save, invest, or spend.

“When we started discussions with Yardi over two years ago, this partnership seemed like a distant dream. Now, we’ve turned the dream into a reality, officially announcing our partnership with the largest property management software in the U.S. and affirming our position as the leading API-based deposit alternative,” said Shira Dulberg, Chief Business Officer of Obligo. 

“By focusing on an API-first approach, Obligo is empowering our software partners to build a seamlessly integrated deposit alternative, as well as provide flexible payment and refund options for traditional deposits,” said Roey Dor, CEO and Co-founder of Obligo. “We are thrilled to join forces with the Yardi team and help rid property managers and renters nationwide from the burden of security deposits.”

“We are excited to partner with Obligo to make deposit collection easier for our clients and to streamline the renting journey for residents,” said Akshai Rao, president of residential at Yardi. “One of our main commitments at Yardi is customer experience. This new offering will not only help our clients grow their businesses, but make the move-in process easier for many residents.”

As the industry’s API partner of choice, Obligo can be easily embedded in property management and financial services software, offering scalable architectures, top-tier customer service, and the highest standards of security. 

To learn more about our Yardi partnership, schedule a demo with us

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With over 9,000 employees, Yardi is working with clients globally to drive innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

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