Obligo news and trends

Obligo and BNY Mellon Collaborate on Alternative to Security Deposits
Real Estate // January 17, 2024

FinTech company Obligo is collaborating with global investments company BNY Mellon to enhance the rental experience for property managers and renters. The collaboration is part of BNY Mellon’s Ascent Program, which aims to identify and collaborate with exceptional technology companies offering innovative solutions for the financial industry, the companies...

Today in the Connected Economy: Tencent Invests in the Metaverse
Connected Economy // June 27, 2022

Today in the connected economy, China’s Tencent Holdings launches an extended reality unit in a bid to branch out into the metaverse. Also, Microsoft Qatar partners with FinTech startup CWallet to give end-users more secure payments, and TD Bank helps bring a new patient billing...

Today in FinTech: Rent Without a Security Deposit; Kroo Granted UK Bank License; Great Tech...
Fintech Investments // June 27, 2022

In today’s FinTech news, tenants can rent without a security deposit using a new solution from Obligo and Wells Fargo that offers landlords a letter of credit. Plus, despite the comparisons to the dotcom bubble burst, the great Tech Wreck of 2022 is way too...

Obligo Partners With Wells Fargo for No-Deposit Product for Landlords, Tenants
Partnerships // June 27, 2022

FinTech rental management platform Obligo is partnering with banking giant Wells Fargo to expand its product offerings and will now be the only security deposit alternative utilizing bank-issued letters of credit for landlords and tenants. Landlords and property managers using Obligo get the added protection...

Interviews & Exclusives
Obligo Founder: Security Deposits Are Due For A Payments Upgrade

June 12, 2018
The joy of renting a new apartment also comes with misery: Handing over a large sum of money to the landlord for a security deposit, which then sits useless in an account, earning virtually nothing. Not only do tenants dislike that payment ritual, but — and this may come as a surprise — so do many landlords. […]

Quick Reads
Obligo Raises $35 Million to Grow Its Flexible Security Deposit Solutions

October 21, 2024
Obligo has raised $35 million in new funding to accelerate the growth of its flexible security deposit solutions for the residential rental market and to launch additional products. The company has experienced rapid growth and is moving closer to profitability, according to a Monday (Oct. 21) press release. “With these additional resources and our recently […]

Obligo and BNY Mellon Collaborate on Alternative to Security Deposits

January 17, 2024
FinTech company Obligo is collaborating with global investments company BNY Mellon to enhance the rental experience for property managers and renters. The collaboration is part of BNY Mellon’s Ascent Program, which aims to identify...

Obligo Partners With Wells Fargo for No-Deposit Product for Landlords, Tenants

June 27, 2022
FinTech rental management platform Obligo is partnering with banking giant Wells Fargo to expand its product offerings and will now be the only security deposit alternative utilizing bank-issued letters of...