Odevo grows with fintech company Monu

May 23, 2022

Founded by Fidelio, Odevo continues to challenge the property and housing management industry. By acquiring the fintech company Monu, Odevo is now taking the step to offer its customers, i.e. property owners and homeowner associations, banking services within saving and lending.

In collaboration with the Odevo companies, Monu has already launched a unique savings account service that gives customers a market-leading interest rate on their surplus liquidity. In less than six months, more than 3 billion SEK has been moved to these savings accounts, which has generated more than 5 million SEK in interest for the customers. Now Odevo and Monu plans to introduce more services, both in Sweden and internationally.

All three Monu founders will remain with the company. Lars Rutegård, the current CEO of Monu, joins Odevo Group Management as Head of Financial Services.

Read more: https://odevo.com/in-the-news/odevo-invests-in-banking-services-with-acquisition-of-fintech-company-monu/

Recent news

Vimian resolves on a rights issue of up to approx…

The Board of Directors of Vimian Group AB has based on the authorisation from the Annual General Meeting on 2 June 2023, resolved on a rights issue of up to approximately SEK 1,633 million. The purpose of the Rights Issue

Read more

David von Laskowski, Greenfood’s CEO, is awarde…

On the 22 of February, the winners of the “CEO of the Year” award were announced at Kistamässan in Stockholm. The winner in the Large-Cap category was David von Laskowski, Picadeli & Greenfood Group. “CEO of the Year” has been

Read more

Odevo strengthens its UK footprint as Vegner Grou…

Vegner Group Limited is a leading residential property management group in the UK with 475 employees, over 100,000 homes under management and a nationwide reach across 20 office locations. Vegner specializes in serving Residents Management Company (RMC) clients,  bringing further

Read more