smartMietkaution: Immomio and Bank11 join forces
Hamburg, 5 April 2023: Hamburg-based Immomio GmbH is extending its Digital Payments & Deposits module with the Bank11 smartMietkaution: together with Bank11 für Privatkunden und Handel GmbH from Neuss, Immomio now offers a smart, digital alternative to the traditional rent deposit. This gives tenants more financial flexibility at a time of rising service charges and high inflation. For landlords, the smartMietkaution means considerably less effort than a conventional rent deposit – with the same level of security.
Since 2015, Immomio has pursued the vision of digitalising the entire life cycle of properties. With its digital letting solution of the same name, the proptech not only helps the housing industry digitalise its letting and sales processes, but has since extended its offering with a tenant app, among other things. Since January, customers have also been able to handle their payments digitally via Immomio. Landlords can show their tenants payment requests, which can then be settled directly online. The Bank11 smartMietkaution now adds a flexible alternative to the cash deposit. With the smartMietkaution from Bank11, the Neuss-based bank acts as guarantor for the tenant. For a small annual fee, tenants gain greater financial flexibility in just a few clicks and can invest their savings elsewhere. The product also gives landlords full security with minimal effort: when the contract is signed, they receive the digital guarantee certificate and thus the certainty that, should the worst happen, payment will be made on first demand. Everything is digital, free of bureaucratic hurdles and integrated into the housing companies’ software systems via interfaces.
“For housing companies, it is a basic requirement that a guarantee is at least as easy to handle as a cash deposit. Thanks to unconditional payout within 24 hours, seamless integration into ERP systems and automatic payment posting, together with Bank11 we can offer the housing industry the first genuine alternative to the cash deposit,” explains Nicolas Jacobi, Managing Director of Immomio GmbH.
Jörn Everhard, Managing Director of Bank11, adds: “We form a perfect symbiosis: Bank11 provides expertise in financing with lean, automated and fully digital processes; Immomio brings the know-how on the property side. We look forward to a long and successful partnership.”
You can find more information on the new smartMietkaution at: https://www.bank11.de
About Immomio
Immomio is the leading proptech in the German housing industry. The Hamburg-based company, which also includes Deutsche Immobilien IT & Marketing GmbH (DIT), develops and operates a 360° platform for letting and managing properties. With Immomio’s products, housing companies can digitalise their tenant communication and processes end to end, from the flat search and the signing of the tenancy agreement through to moving out. Immomio’s customers hold a Europe-wide portfolio of more than 2 million rental units. This makes Immomio one of the key drivers of digitalisation in the property industry.
About Bank11
Bank11 is a credit institution specialising in sales and purchase financing and offers competitive products relating to mobility and insurance. Bank11’s fully digital, highly efficient processes are particularly valued. True to its motto “Fast. Smart. Digital”, its simple, digital products prove their worth in day-to-day business and deliver real added value in everyday sales. Above all, Bank11 offers fairly priced financing and insurance for motor dealers and their customers. The products are attractive, and the processes simple, lightning-fast and fully digital. Through individually tailored purchase financing, Bank11 also enables dealer partners to finance their stock of new and used vehicles. In addition, with the subscription platform smive, Bank11 presents a further attractive option for “getting vehicles from stock onto the road”. Alongside its specialisation in the motor sector, Bank11 also offers consumer loans unrelated to vehicles via partner banks. To refinance its operating business, Bank11 offers private and institutional investors attractive savings certificates and overnight deposits as well as fixed-term and notice deposits, and carries out securitisation transactions.