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.
Odevo, an international leader that is driving change in the traditional property management industry, continues its rapid expansion in the US market with the addition of the leading property manager in the Carolinas, William Douglas Management. William Douglas manages overRead more
Fidelio Capital (“Fidelio”) marks a significant milestone with the successful closing of its latest investment mandate (“Fidelio III”), with total capital commitments in excess of the EUR 1 billion target, which is more than triple the size of its previousRead more
REQS System AB now becomes part of the iBinder Group and strengthens the group’s offering in property management, inspections, and controlling. The acquisition is an important step in iBinder’s goal of creating a simple platform for the property’s entire lifeRead more