The new standard for cash security deposits

Same security, zero hassle—a fully automated, digital solution at no cost to you.

HOW IT WORKS

Effortless security deposits

Renters open their own high-yield savings accounts that lock during the lease so charges can be automatically deducted at move-out.

IMPACT

Corgi benefits

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Corgi
New

Complete your deposit for 22 Pineapple St.

Your landlord has partnered with Corgi to provide a better deposit experience that makes you money.

⏱ Estimated 1-2 min

No more chasing deposits

Corgi handles deposit requests and automated reminders.

Transfer Deposit

Choose a method to complete your $2,000.00 security deposit.

CU
Citi Bank Account ****1801
1st Tab
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Say goodbye to checks

Electronically collect and return deposits instantly.

$2,103.09
ACCOUNT BALANCE
INTEREST +$103.09
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Happier residents

Renters earn 7x the national average in interest on their security deposit.

As of May 19, 2024, the average national deposit rate is 0.42%. Source: The FDIC

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Eliminate risk

Built to comply with property management regulations nationwide, including Washington, D.C. and all 50 states—with FDIC insurance up to $1,000,000 per account.

COMPLIANCE CHECKLIST

Separate interest-bearing account
Bank information disclosed to renters
Interest paid out correctly
Deposit returned by deadline
Don't exceed deposit maximums
FDIC-insured financial institution
95%
or more
↓ Reduction in operational costs

Save time and money

Skip the postage, banking fees, and busywork with Corgi's fully automated security deposit solution.

The old way vs. the right way

Corgi Replaces 100% of Cash Deposits

The old way.

Significant compliance risk

Manual processes lead to errors and legal issues

Earns little interest

Traditional accounts offer minimal returns

Labor-intensive and costly

Hours spent on paperwork and reconciliation

The Corgi way.

Electronic money movement

Instant, secure digital transactions

Fully automated and risk-free

Compliance built-in, zero manual work

Complete visibility over money

Real-time tracking and reporting

Seamless Integration

~10-minute setup—then your deposits run on autopilot through your property management system.

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CORGI CALCULATOR

The Corgi difference

10,000
units
010K20K30K40K50K
ANNUAL LANDLORD SAVINGS
+$410,400
ANNUAL RENTER EARNINGS
+$300,000

For illustration purposes only. Estimates based on 3.00% (APY) interest rate for renters and landlord costs for handling deposits.

Pays dividends month after month

59 min
Time saved per unit annually
$52.60
Cost saved per unit annually
93%
Of renters choose Corgi over cash deposit
100%
Of deposits returned within 15-minutes of FMO
🐕

Trusted by Landlords

SF
Steve Feldman
Proptech Founder - 14,000 units
"Eliminating the burden of administering thousands of security deposits each year has been a huge win for our operations, finance, and on-site teams. Our residents love that they're earning money each month and are pleased to get their deposit back quickly when they move-out. Talk about a win-win."
LM
Leonardo McDaniels
Landlord - 15 units
"When I saw the tenant's deposit in Corgi and off my books it was a good feeling. Like relieving me of a burden. I was a little concerned about the process and making the change, but it was so easy and that feeling of relief makes it feel like Corgi should be a no brainer for landlords."
JO
Joshua O'hanlon
Asset Manager - 2,000 units
"Our experience with Corgi has been exceptional, and we believe it offers substantial value to both landlords and tenants. The platform enables tenants to earn interest on their deposits, which they greatly appreciate, and it alleviates the administrative challenges of collecting and disbursing deposits."
MW
Matias Wiese
Former COO - 60,000 units
"Corgi is solving a real problem in multifamily. Corgi's platform streamlines the entire process, eliminates administrative headaches, and unlocks real value for our teams and our residents. The genuine 'win-win' scenario for residents, who can actually earn interest on their deposits, and operators, who save time, money and mitigate legal risk, shows that Corgi has created something special."

* All persons offering testimonials have not been compensated for sharing their opinion about Corgi and their comments may not be representative of any other person's experience with Corgi.

FAQs

Frequently asked

GET STARTED

Ready to see Corgi in action?