Yardi and Obligo Unveil New Security Deposit Option in RentCafe Living

Residents can choose from personalized deposit plans and earn rewards points—while property managers streamline operations and gain a powerful leasing advantage

NEW YORK, June 10, 2025 /PRNewswire/ -- Obligo, the fintech company on a mission to rid renters and landlords from the burden of security deposits and establish a new standard of trust in renting, announced its security deposit solutions are now available as an embedded feature within Yardi's RentCafe® Living.

Obligo is now more accessible than ever for RentCafe residents seeking a smarter way to manage move-in costs with a security deposit alternative. Those who choose Obligo not only gain financial flexibility—they can also earn Rewards by RentCafe points, adding value to every step of their rental journey.

For property managers, Obligo eliminates deposit management with a fully automated solution in RentCafe Living—reducing admin work and bad debt while protecting properties and helping fill vacancies faster.

"Renters today expect choice and flexibility; that expectation is shaping how properties gain a competitive advantage," said Shira Dulberg, Chief Business Officer at Obligo. "Together with Yardi, we're excited to empower property managers with a flexible deposit option that removes friction and makes life easier for renters nationwide."

"Yardi is committed to enhancing the resident experience at every stage—from move-in to day-to-day living," said Patrick Hennessey, a Vice President at Yardi. "By adding Obligo to our RentCafe Living portals, we're simplifying the move-in experience. It's a win for both residents and property teams, reducing complexity while delivering meaningful value."

Obligo's API-first platform integrates seamlessly with property management and financial systems, earning recognition for its scalability, security and flexibility. Renters can choose the security deposit option that best suits their needs, including no deposit, partial deposit, full deposit or paying in installments.

To learn more about Obligo's deposit solutions, visit obligo.com.

About Obligo

Obligo harnesses financial technology to rid renters and landlords from the burden of security deposits and establish a new standard of trust in renting. As the first security deposit solution utilizing bank-issued Letters of Credit supported by Wells Fargo, Obligo uses Open Banking and AI to qualify renters for personalized security deposit options.

Founded in 2018 by brothers Roey Dor and Omri Dor, Obligo is available today in over one million homes across the United States.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

Media Contact:

Keegan St. Onge-May

Obligo

keegan@obligo.com

207-650-5071

Media Contact:

Turner Levison

Yardi

Turner.Levison@yardi.com

678-642-7532

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SOURCE Obligo