'Rhino Integrated' expands move-in product
suite, making all products available to renters and property
managers under one embedded experience
NEW
YORK, June 18, 2024 /PRNewswire/ -- Rhino, the
pioneer of security deposit insurance, today announces that
the company has secured 500,000 committed units to Rhino
Integrated, its new user experience offering deposit insurance,
cash deposit management, renters' insurance, rent reporting
and guarantor coverage, all within one seamless platform. Now
servicing a six million-home partner network, the Rhino Integrated
platform marks a substantial growth milestone for the company,
enabling Rhino to broaden its reach and impact by integrating
directly into partners' existing digital leasing processes.
Through Rhino's new platform, millions of renters at properties
across the country will now have access to a seamless digital
experience to satisfy their move-in requirements, helping to
maximize their cash flow and minimize the pains of moving.
Simultaneously, landlords and property managers will be able to
reduce friction in the moving process, a demand that Rhino
continues to address through new product innovation.
"In communicating with our partners, we realized quickly that
they need to configure and consolidate the move-in process to
deliver a best-in-class rental experience," said Georges Clement, COO at Rhino. "We've given our
partners the ability to offer deposit insurance, cash deposit
management, renters' insurance, rent reporting, and guarantor
coverage through one platform. This highlights our commitment to
provide flexible financial solutions to renters across the
country."
"This is an incredible milestone for Rhino," adds Rhino CEO and
Co-Founder Ben Lantos. "Reaching
500,000 units and growing on our newest platform is exciting for
our customers and our team. We achieved this through our investment
in product and experience, aligning with our partner's commitment
to their residents, and ensuring renters have access to as many
options as possible without a cumbersome customer experience."
Since 2017, Rhino's innovations have saved renters over
$1 billion in upfront move-in
costs and helped drive down operational costs for over 2,500
landlords and property managers, a network managing six million
rental homes and over 14% of the U.S. rental market.
To learn more about Rhino's solutions for renters, landlords,
and property managers, visit sayrhino.com.
About Rhino
Rhino was founded to give renters
everywhere access to greater financial freedom to plan and enjoy
their lives. In 2017, backed by Kairos, Rhino pioneered the first
security deposit insurance, replacing cash deposits with smart,
affordable insurance so that renters can maintain control of their
cash. In place of a large upfront cash security deposit, renters
pay Rhino a small fee, and Rhino ensures the property owner for
damages that might occur and rent lost. In 2024, Rhino launched
end-to-end deposit management, transforming how security deposits
and other insurance solutions are administered.
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SOURCE Rhino